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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/12/us-stocks-wavered-in-tight-range.jpg"><img class="alignnone size-full" title="The Dow Jones industrial average closed on Thursday up 41.78 at 11,499.25" src="http://londonglossy.com/wp-content/uploads/2010/12/min-us-stocks-wavered-in-tight-range.jpg" alt="The Dow Jones industrial average closed on Thursday up 41.78 at 11,499.25"/></a></p>
<p>Stocks ended flat on Friday as investors shrugged off encouraging economic signs and a tax-cut package expected to lift economic growth. </p>
<p>Trading ended shortly before US President Barack Obama signed a tax bill into law.</p>
<p>The 850 billion dollar package extends Bush-era tax cuts for another two years and expiring unemployment benefits through next year. House Democrats had pledged to block the tax proposal, a compromise worked out between Obama and Senate Republicans. But the House passed the bill late Thursday night. Critics said the cost didn&#8217;t justify the expected boost to economic growth.</p>
<p>In a hopeful sign for the economy, the Conference Board said its index of leading economic indicators rose 1.1% in November, the fastest pace since March. The index &#8211; which tracks data such as orders for new goods and materials &#8211; rose 0.4% in October.</p>
<p>Stocks wavered in a tight range on Friday, a day after major indexes hit two-year highs.</p>
<p>The Dow Jones industrial average fell 7.34 points, or 0.06%, to close at 11,491.91.</p>
<p>The broader S&#038;P 500 eked out another 2010 high. The index rose 1.04, or 0.08%, to close at 1,243.91. The Nasdaq composite rose 5.66, or 0.2%, to 2,642.97.</p>
<p>Rising shares barely outpaced falling ones on the New York Stock Exchange. Volume was two billion shares.</p>
<p>The Dow gained 0.7% for the week. The S&#038;P 500 rose 0.3% and the Nasdaq rose 0.2%.</p>
<p>Bond yields fell at the end of this year&#8217;s last full week of trading. The yield on the 10-year Treasury dropped to 3.33, after notching a seven-month high of 3.56% on Thursday. The 10-year yield is widely used by lenders to set borrowing rates for mortgages, corporate debt and other loans.</p>
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