|Page (1) of 1 - 01/23/12||email article||print page|
US stocks swing between gains and losses as investors await resolution of Greek debt talks
NEW YORK (AP) ' The S&P 500 index eked out a tiny gain on a day in which stocks swung between small gains and losses.
The S&P added less than 1 point to close Monday at 1,316. The Dow Jones industrial average and Nasdaq ended slightly lower.
European stocks and the euro rose after the continent's finance ministers put pressure on banks that hold Greek government bonds to reach a deal to cut Greece's debt.
Many energy stocks jumped as prices for natural gas and crude oil rose.
The Dow fell 12 points, or 0.1 percent, to 12,709.
The Nasdaq composite index fell 3 points, or 0.1 percent, to 2,784.
Nearly four stocks rose for every three that fell on the New York Stock Exchange. Trading volume was below average at 3.7 billion shares.