Stocks Trade Sideways as Egypt Turns Violent

Wall Street straddled the unchanged mark Wednesday afternoon, reluctant to extend this week's surge amid violent clashes in Egypt and a new private-sector jobs report that failed to motivate buyers. Today's Markets As of 2:57 p.m. ET, the Dow Jones Industrial Average rose 14.19 points, or 0.12%, to 12054.80, the Standard & Poor's 500 declined 1.61 points, or 0.11%, to 1306.14 and the Nasdaq Composite gained 4.20 points, or 0.15%, to 2755.39. The FOX 50 lost 1.09 points, or 0.12%, to 931.41. Aside from the stronger-than-expected ADP private-sector jobs report and images of violence in Egypt, Wall Street was digesting mixed quarterly results from major companies like Time Warner TWX and Whirlpool WHR. Continue reading the article.