How the major US stock indexes fared Monday
- Article by: The Associated Press
- Associated Press
- November 12, 2012 - 5:06 PM
U.S. stocks closed nearly unchanged Monday, after a day of uneven trading plagued by investors' fears about the approaching "fiscal cliff."
The fiscal cliff refers to government spending cuts and tax increases that are scheduled to kick in at the beginning of the new year, unless a divided Congress and the White House can work out a compromise before then.
The closing level of the Dow Jones industrial average was revised several times after trading closed. The New York Stock Exchange had experienced a trading glitch during the day, forcing it to alter its normal procedure for determining the closing prices of some stocks. These figures are according to data available at 5:30 p.m. EST.
The Dow Jones industrial average finished down 0.31 points at 12,815.08.
The Standard & Poor's 500 index rose 0.18 points to 1,380.03
The Nasdaq composite index fell 0.61 points to 2,904.26.
For the year:
The Dow is up 597.52, or 4.9 percent.
The S&P 500 is up 122.43, or 9.7 percent.
The Nasdaq is up 299.11, or 11.5 percent.
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