U.S. stocks edged higher late Thursday, the Dow at 12,000 points up and down fluctuations. Mixed earnings, poor economic data, making it difficult to determine the direction of the broader market.
EST at 15:28 on January 27, the Dow Jones industrial average rose 11.50 points to 11,996.94 points, or 0.10%; the Nasdaq composite index rose 18.51 points to 2,758.01 points, or 0.68%; the S & P 500 Index rose 3.26 points to 1,299.89 points, or 0.25%.
Yesterday, the Dow intraday in the last 3 years the first time since breaking the psychological barrier of 12,000 points, but failed to hold the closing point. Since June 19, 2008, after the Dow closed at this point has never been the top.
S & P 500 index briefly broke the 1300 points intraday, the highest rising to 1,300.73 points, down soon. S & P 500 index last closed at 1300 points or more in the August 28, 2008.
Shareholders and investment institutions WeiserMazars senior investment strategist David - Katz (David Katz), said some economic data "extremely contradictory," makes investors confused state of economic recovery, resulting in the major indexes within a narrow range. He said, "The most obvious example of the contradictions is the unemployment rate is at a very high level of data, but data in the real estate market performed well."