Stock trading mixed after rough week
Thursday, November 24, 2011
NEW YORK (AP) -- Stocks are mixed in light trading, with the S&P 500 index recovering slightly from six straight days of losses. Even with modest gains Friday, major indexes remain on track to post their worst week since September.
Worries about Europe's debt crisis flared up again Friday after Italy had to pay 7.8 percent to borrow for two years at a debt auction. It's another sign that investors are growing hesitant to lend to European countries.
The Dow Jones industrial average rose 25 points, or 0.2 percent, to 11,282 as of 11:45 a.m. Eastern.
The S&P 500 index is up 4 points, or 0.4 percent, to 1,166. The Nasdaq is down 2 points, or 0.1 percent, to 2,457.
Trading will end at 1 p.m. Eastern time. Markets were closed Thursday for Thanksgiving.