Stocks End Flat in Choppy Session

U.S. stocks ended Monday trading relatively flat as investors were tentative over positive an negative economic news.
Stocks End Flat in Choppy Session
8/16/2010
Updated:
8/16/2010

U.S. stocks ended Monday trading relatively flat as investors were tentative over positive an negative economic news released on Monday. The Dow Jones Industrial Average was down 1.1 percent, while the S&P 500 Index ended Monday trading up 0.13 points.

The Nasdaq Composite ended the session up slightly higher by 8.4 points, boosted by several technology mergers announced on Monday. Asian shares ended mostly lower as Japan said its economic growth slowed by 0.4 percent in the second quarter, which allowed China to overtake the small island country as the world’s No. 2 economy.

Gold futures ended higher, with those for December deliveries rising $6.60 to $1,226.20 an ounce on overall stock market uncertainty.