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NEW YORK - stocks took end flat Monday after the expectations that a package of tax cuts will pass the Senate were highest for a good part of the day.

The compromise by the White House and Republican tax cuts was scheduled for its first vote of the Senate late Monday.

If the entry into force, the package will expand tax cuts enacted during the Bush administration for all levels of income for two years. It will also expand the benefits by next year and implemented a reduction of one year in social security taxes.

Economists expect to the almost 900 billion package of tax to spur economic growth and to increase the size of the budget deficit. House Democrats are committed to block measurement, at less than the tax rate rise for wealthiest estates in the country.

Traders were also encouraged by a handful of transactions announced Monday. General Electric Co. is paying $ 1.3 billion to buy the British company Wellstream Holdings PLC oilfield and Dell Inc. is spent 960 million for storage network binding Technologies Inc. company.

S & P 500 index was a new record for 2010 for the fourth time in four days. The index rose 0.06 1,240.46 item.

Other indices had a late afternoon spill. The closed with a gain of 18,24 or 0.16%, to 11,428.56, Dow Jones industrial average after having been up to 70 points earlier. Dow Jones index is now only 15.52 points of his 2010 high fence, reached on 5 November.

The Nasdaq composite index fell 12.63 or 0.5%, to close at 2,624.91. That broken a gang of six days in which the index encoches 2010 new heights.

Declining shares and those rising were almost evenly matched at the New York Stock Exchange. Consolidated volume was $ 4.4 billion shares.

The tax plan crashed prices for the obligations of the Treasury Board, since it was announced last week. 10 Years Treasurys performance increased 3,36% beginning Monday before falling to 3.28. Treasurys reversed course after the Federal Reserve has purchased $ 7.8 billion in bonds maturing between 2016 and 2017 Government. The Treasury yields increased mainly in the last month.

"Everything seems to indicate that trade big password at this time is money works bonds and stocks," said Ryan Detrick, a senior at Schaeffer's Investment Research strategist. "We believe that it is only going to continue as the economy begins to seek better."

Global stock markets have increased. Reference index composed of Shanghai China acquired 2.8 per cent after surprised investors not the Chinese authorities increase interest rates. Investors had expected an increase in interest rates to combat the high inflation.

Blue chip stocks in Europe increased by 0.2 percent. The dollar fell by 0.9% compared to an index of six currencies.

New businesses, Hewlett - Packard Co. fell 2.1% at $41.65 after Goldman Sachs provided equipment company a clearance sale. Goldman analysts see tablet computers as iPad of Apple Inc., take the PC business.

Automatic actions Corp. shot up to 20 per cent to $117.83, after that Thermo Fisher Scientific Inc. said Monday that it planned to purchase for $ 2.1 billion laboratory equipment manufacturer. Thermo Fisher said it will pay $118.50 part stocks of Thermo Fisher rose 4.7 55.56% $.

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

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