Wednesday, October 12, 2011

U.S.Stocks Finish Mixed on Europe Uncertainty

Stocks finished mixed in tight trading on Tuesday as clarity about European leaders' plans to stabilize the eurozone's debt situation continued to elude investors.

Slovakia's delay of a vote on expanding the eurozone's bailout fund created the uncertainty during market hours and media reports surfaced after the closing bell that the country had voted against the expansion.
The country is the last of 17 eurozone members needed to approve a July 21 agreement to change the European Financial Stability Facility, and the vote against the deal complicates the efforts of European leaders to assure global investors that they are willing to take bold action to prevent contagion. There is a feeling, however, that Slovakian approval could come later this week since most of the parliament's parties support it, media reports said.


Dow Jones Industrial Average

 (DJI: ^DJI )
Index Value:11,416.30
Trade Time:4:04PM EDT
Change:Down 16.88 (0.15%)
Prev Close:11,433.18
Open:11,432.80
Day's Range:11,365.67 -11,447.86
52wk Range:10,362.30 -12,928.50

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