Stocks ended little changed Monday, having given back a brief afternoon gain that followed comments from Federal Reserve Chairman Ben Bernanke. The Fed chief said unemployment and other problems would hold the economy to "moderate" improvements and that interest rates are likely to remain low. Bernanke's remarks sent the dollar down because low rates make a currency less attractive, and that gave stocks a boost since a lower dollar can add to profits for U.S. companies that do business overseas. The market's gains evaporated later, however, as the dollar pared its losses.
The Dow Jones industrial average rose 1.21, or less than 0.1 percent, to 10,390.11.
The Standard & Poor's 500 index fell 2.73, or 0.3 percent, to 1,103.25.
The Nasdaq composite index fell 4.74, or 0.2 percent, to 2,189.61.
For the year:
The Dow is up 1,613.72, or 18.4 percent.
The S&P is up 200.00, or 22.1 percent.
The Nasdaq is up 612.58, or 38.8 percent.