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  • News Desk
  • Feb 19th, 2005
  • Comments Off on US Stocks: Friday’s unofficial close
US stocks were little changed Friday after government economic data showed core US producer prices rose at their fastest rate in six years in January, stoking inflation and interest rate worries. However, strength in major drug stocks and oil-related shares helped offset weakness in interest-rate sensitive financial stocks sparked by government report.

The Dow Jones industrial average was up 1.80 points, or 0.02 percent, at 10,755.82. The Standard & Poor's 500 Index was up 0.15 of a point, or 0.01 percent, at 1,200.88. The technology-laced Nasdaq Composite Index was down 1.13 points, or 0.05 percent, at 2,060.21.

Copyright Reuters, 2005


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