Stocks end 'flat' ahead of tax vote

Stocks end 'flat' ahead of tax vote


The Dow Jones industrial average closed up 18 at 11,428

US stocks have ended trading on Monday mostly flat after expectations that a tax-cut package will pass the Senate kept them higher for much of the day.

The tax-cut compromise brokered by the White House and Republicans is scheduled for its first Senate vote later.

The S&P 500 index eked out a new 2010 high for the fourth time in four days. The index rose 0.06 point to 1240.46.

Other indexes took a late afternoon spill. According to preliminary calculations, the Dow Jones industrial average rose 18, or 0.16%, to 11,428, having been up as many as 70 points earlier.

The Nasdaq composite fell 12, or 0.5%, to 2,625.

Falling shares and rising ones were almost evenly matched on the New York Stock Exchange. Volume was 961 million shares.

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