NEW YORK (AP) — Stocks are wavering between small gains and losses on worries that Slovakia might impede a European financial rescue plan.
Sixteen countries that use the euro have approved a measure to strengthen a European rescue fund, but Slovakia hasn’t signed off on the plan yet. A vote is expected later in the day. If Slovakia blocks the measure, it could complicate efforts to address Europe’s debt jam.
The Dow Jones industrial average is down 2 points, to 11,430, shortly before noon. The S&P is 500 is up 1, or 0.1 percent, at 1,196. The Nasdaq is up 16, or 0.7 percent, at 2,582.
The weak trading comes a day after the Dow jumped 330 points, its largest increase since Aug. 11.