Dow Ends Day Down 12 After Wild Week of Trading
S&P 500, Nasdaq gain points
By Newser Editors and Wire Services
Posted Aug 28, 2015 3:20 PM CDT
Specialist Meric Greenbaum works at his post on the floor of the New York Stock Exchange, Friday, Aug. 28, 2015.   (Richard Drew)

(Newser) – US stocks are ending the day little changed at the end of a volatile week. Stocks fell heavily in the first two days of trading this week on concerns about the health of China's economy. The market then rebounded sharply as investors decided to scoop up bargains. The Dow Jones industrial average fell 11.76 points, or 0.1%, to 16,643.01 today. The Standard & Poor's 500 index rose 1.21 points, or 0.1%, to 1,988.87. The Nasdaq composite gained 15.62 points, or 0.3%, to 4,828.32. US oil prices moved sharply higher for a second day, boosting energy stocks. Bond prices were little changed from yesterday, keeping the yield on the 10-year benchmark Treasury note at 2.18%.

 

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