Stocks finished about where they started Friday as investors balanced positive signs for the U.S. economy with a looming deadline for a deficit-cutting committee in Congress. Steep declines earlier in the week left the market with its worst weekly loss since September.
The Dow Jones industrial average traded in a relatively narrow range, rising as many as 84 points and falling as many as 15. Hewlett-Packard Co. jumped 2.6 percent, the most of the 30 stocks in the index, on an analyst upgrade.
The Dow Jones industrial average rose 25.43, or 0.2 percent, to 11,796.16.
The Standard & Poor's 500 index fell 0.48, or less than 0.1 percent, to 1,215.65.
The Nasdaq composite fell 15.49, or 0.6 percent, to 2,572.50.
For the week:
The Dow is down 357.52, or 2.9 percent.
The S&P 500 is down 48.20, or 3.8 percent.
The Nasdaq is down 106.25, or 4 percent.
For the year to date:
The Dow is up 218.65, or 1.9 percent.
The S&P 500 is down 41.99, or 3.3 percent.
The Nasdaq is down 80.37, or 3 percent.
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