DOW - Flat!

Dow

11,410.21

+4.28

+0.04%

Dow

11,410.21

+4.28

+0.04%

YF News Update

4:30 pm : The stock market surrendered an early gain of more than 1% to end the day with only an incremental gain. Tech stocks acted as a particularly heavy drag, which led the Nasdaq to suffer a sizable loss.

Although action among the major foreign averages overnight and this morning was rather unimpressive, stocks climbed to an early gain of more than 1%, which was enough to offset the prior session's loss. Such positive posture provided stocks with an opportunity to resume the three-day, 6% climb that was interrupted yesterday. However, the failure to extend its early move made traders question the market's legs. That prompted some participants to pare their positions.