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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/12/us-stocks-flat-ahead-of-holidays.jpg"><img class="alignnone size-full" title="The Dow Jones industrial average closed down 13.78 points at 11,478.13" src="http://londonglossy.com/wp-content/uploads/2010/12/min-us-stocks-flat-ahead-of-holidays.jpg" alt="The Dow Jones industrial average closed down 13.78 points at 11,478.13"/></a></p>
<p>Low trading volumes and a lack of economic reports kept US stocks flat on Monday.</p>
<p>Indexes finished mixed and bond yields were barely changed.</p>
<p>American Express Co had the largest move of the 30 stocks that make up the Dow Jones industrial average. The card issuer fell 3.4 % to 42.50 dollars after Stifel Nicolaus downgraded the company. New rules proposed by the Federal Reserve could limit fees the company charges merchants.</p>
<p>Aloca Inc led the Dow index with a 1.4 % gain to 14.77 dollars.</p>
<p>The Dow fell 13.78, or 0.1 %, to 11,478.13. The Standard and Poor&#8217;s 500-stock index rose 3.17, or 0.3 %, to 1,247.08. The Nasdaq composite index gained 6.59, or 0.3 %, to finish at 2,649.56.</p>
<p>The yield on the 10-year Treasury bond rose slightly to 3.34 from 3.33 % late on Friday.</p>
<p>Stocks have been rising strongly in December. The Dow has gained 4.3 % so far this month and the S&#038;P has hit seven new annual highs since December 8.</p>
<p>Investors have been encouraged by improving economic data on retail sales, consumer confidence and factory production, as well as policy changes that will benefit stockholders.</p>
<p>President Barack Obama signed a bill last week that will keep Bush-era income tax cuts in place for another two years. The law will also extend favourable tax rates on capital gains and dividends.</p>
<p>&#8220;The markets &#8230; made quite a run,&#8221; said Stephen Carl, principal and head of equity trading at the Williams Capital Group. But the tax cuts &#8220;can only go so far,&#8221; Carl said, and are unlikely to continue sending stocks higher.</p>
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