Friday, December 07, 2007
U.S. stocks end flat, but score weekly gains of nearly 2%
Date: Fri, 07 Dec 2007
U.S. stocks end flat, but score weekly gains of nearly 2%
NEW YORK
U.S. stocks finished near the flat line on Friday, but managed to pocket
weekly gains of nearly 2%, as investors remained hesitant to make large
moves before next week's policy-setting meeting by the Federal Reserve.
Analysts say Fed will cut despite jobs data, but it'll be close
WASHINGTON
The Federal Reserve will cut rates by a quarter-percentage point when
they meet in four days despite no clear signal of weakness from the
November jobs report, analysts said Friday.
