Markets end week on a mixed note

NEW YORK--Wall Street ended week on a mixed note Friday, with the Dow Jones closed slightly industrial more bottom and the broader market contumace addition.

Is investors encouraging economic signs and a package of tax cuts should raise the economy. The $ 850 billion package extends Bush-era of the other two years and expiration of the unemployment by next year's tax cuts.

The Conference Board said its index of leading economic indicators increased by 1.1% in November, the fastest pace since March. -That tracks data such as orders for new products and materials - index increased 0.4 percent in October.

Stocks waver Friday, a day after index in a tight range main summits of two years.

Dow industrial dropped 7.34 or 0.1% of 11,491.91.

The largest recorded slight gains market. S & P 500 1.04, increased index is 0.1%, 1,243.91 to extend its high mark in 2010. Nasdaq acquired 5.66 or 0.2%, 2,642.97 index.

Increase in shares barely exceeded those falls on the New York Stock Exchange. Consolidated volume was 5.4 billion shares.

For the week, the Dow Jones index increased by 0.7%, S & P 500 rose by 0.3%, and the Nasdaq rose 0.2 percent.

Boeing Co. has increased from 63 cents a share, or 1%, $65.03 lead 30 manufacturers. American Express Co., the lagging index fell 1.3%, $44.01.

Overseas stocks ended the week on a mixed note. Closed slightly higher Asian markets. European markets fell after Investors Moody Service downgraded the Ireland Government bond rating by five slots and stated that the country has a weak economic Outlook. Euro Stoxx 50, which tracks blue chip companies in countries that use the euro decreased by 0.6%.

History: Moody downgrades the Ireland debt

A sign that businesses spend more money on technology, software giant Oracle Corp. said after the market closed Thursday that its income net stir-fry last quarter at 28%. That beat the expectations of the analyst and sent shares of the acquiree $1.19, or 3.9%, to $31.46 Friday.

Research in Motion Ltd., the manufacturer of BlackBerry, said also late Thursday that its third quarter earnings beat analyst expectations. Company's stock has increased by 96 cents, or 1.6%, $60.20 Friday.

Prior to the open market, BMO Financial Group Canadian Bank stated that it will buy Marshall & Ilsley Corp. $ 4.1 billion in stock. BMO, which operates the Bank of Montreal, said it will reimburse the preferred shares that Marshall & Isley issued under the Troubled Asset relief program before the transaction closes its doors in July. Marshall & Isley shares jumped $1.06, or 18 per cent to $6.85.

The yield on the 10-year Treasury Board has declined to 3.33. He was traded to 3.42 late Thursday.

? 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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