The US markets closed flat in narrow trading. The Dow logged a four-day rally, but gains were limited as investors remained reluctant to jump in amid ongoing “fiscal cliff” negotiations. The CBOE volatility index traded above 16.
Dow Jones Industrial Average was up 0.11% or 14.75 points at 13169.88. Nasdaq Composite was up 0.3% or 8.92 points at 2986.96. Standard & Poor’s 500 was up 0.03% or 0.48 points at 1418.55.
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