Stocks finish narrowly mixed in light pre-holiday trading
Stocks finished essentially flat in listless pre-holiday trading amidst low volume and a dearth of economic data.
The Dow Jones Industrial Average slipped 13.78 points, or 0.12 percent, to 11,478.13. The S&P 500 index edged up 3.17 points, or 0.25 percent, to 1,247.08. The Nasdaq composite climbed 6.59 points, or 0.25 percent, to 2,649.56.
American Express Co. (NYSE: AXP) dropped 3.43 percent after Stifel Nicolaus downgraded stocks on worries over the potential negative impact from new rules proposed by the Federal Reserve on debit-card transactions.
Bonds fell as the yield on the 10-year Treasury bond moved up to 3.35 percent from 3.33 percent late Friday.
Oil futures climbed to $88.70 per barrel.
European/UK indices rose.
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