US stocks waver, then end the day mixed

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Associated Press

Posted on March 16, 2012 at 10:00 AM

Updated Friday, Mar 16 at 1:32 PM

NEW YORK (AP) — U.S. stocks are closing the day mixed, a mundane ending to an electrifying week.

The Dow Jones industrial average and the Nasdaq composite index both ended the day down. The Dow fell 20 points to 13,233. The Nasdaq fell one point to 3,055. The broader Standard & Poor's 500 rose almost two points to 1,404.

Investors were weighing competing reports about the health of the U.S. economy. A key measure of consumer sentiment came in lower than expected, and high gas prices continued to weight down hopes about the recovery. But prices for other goods, including food, showed signs of stabilizing.

Bank of America climbed on news that its delinquent loans declined. Buffalo Wild Wings fell on concerns about high costs of chicken wings.

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