US stocks flat after Dow jumps past 13,000


28/02/2012 05:26 AST  Business Times

Banking shares on Monday pulled the Dow to the 13,027 level last seen in May 2008, but the index sank back in the final minutes of trade to end virtually unchanged.

The Dow Jones Industrial Average closed off a bare 1.44 points (0.01 percent) at 12,981.51.

But the broad-based S&P 500 added 1.85 (0.14 percent) to 1,367.59, its best finish since early June 2008.

The tech-rich Nasdaq Composite meanwhile gained 2.41 points (0.08 percent) to 2,966.16.

For more on this Click Here

Global News
2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | News Archive

JAN | FEB | MAR | APR
Most Viewed Companies
Ticker Price Volume
GFH 0.21
ADIB 6.78 826,911
SECO 14.74 5,260,462
DARALARKAN 12.5 47,357,023
ACIG 27.17 1,396,791
NBAD 15.05 1,349,794
EMAAR 10.25 10,318,534
Recent News

More work needed to spur Mena economic growth: QNB
More work needs to be done to reduce wasteful spending, spur economic growth and reduce the high unemployment rates in several Middle East and North African (Mena) countries, according to QNB, which

SCA issues first market-maker licence to NBAD
The Securities and Commodities Authority (SCA) has issued the first licence for practising of Market-Making activity to the National Bank of Abu Dhabi (NBAD) following NBAD’s fulfilment of all regula

Qatargas crosses safety milestone at offshore facilities
Qatargas has achieved another “significant” safety milestone by completing 12 years of operations at its offshore facilities without a Lost Time Incident (LTI).

“This outstanding performan

UAB official banking partner of Gitex Shopper
United Arab Bank (UAB), the fastest growing bank in the Middle East, is the sole official banking partner of the next two editions of Gitex Shopper the region’s largest and much - anticipated consum

Kingdom imports 80% of food products
Saudi Arabia is importing 80 percent of its food requirements from foreign countries while the remaining 20 percent of foods are locally produced, local media said quoting a report released by the Wo

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Are you satisfied with your full-service broker?