U.S. stock indexes held steady Thursday after the price of oil took at least a temporary break from its sharp slide.
Energy stocks fell again, but not by nearly as much as earlier in the week, after crude rose for the first time in four days. Big gains for health care stocks also helped to offset losses for financial companies and other areas of the market, leaving indexes close to flat.
The Standard & Poor’s 500 index edged down by 1.11 points, or less than 0.1 per cent, to 2,434.50.
The Dow Jones industrial average dipped 12.74, or 0.1 per cent, to 21,397.29.
The Nasdaq composite rose 2.73 points, or less than 0.1 per cent, to 6,236.69.
The Russell 2000 index of smaller company stocks rose 5.28, or 0.4 per cent, to 1,404.54.
For the week:
The S&P 500 is up 1.35 points, or 0.1 per cent.
The Dow is up 13.01 points, or 0.1 per cent.
The Nasdaq is up 84.93 points, or 1.4 per cent.
The Russell 2000 is down 2.19 points, or 0.2 per cent.
For the year:
The S&P 500 is up 195.67 points, or 8.7 per cent.
The Dow is up 1,634.69 points, or 8.3 per cent.
The Nasdaq is up 853.57 points, or 15.9 per cent.
The Russell 2000 is up 47.41 points, or 3.5 per cent.
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