Stocks ended the next-to-last day of 2009 little changed as welcome news on manufacturing helped offset a drop in commodities prices. The market drew support Wednesday from a gain in the Chicago Purchasing Managers Index, which signaled growth in Midwest manufacturing.
A rising dollar and light volume held the market's advance in check. A gain in the dollar makes commodities less attractive to foreign buyers. And because commodities prices fall, the stocks of companies that produce them also tend to retreat.
The Dow Jones industrial average rose 3.10, or less than 0.1 percent, to 10,548.51.
The Standard & Poor's 500 index rose 0.22, or less than 0.1 percent, to 1,126.42.
The Nasdaq composite index rose 2.88, or 0.1 percent, to 2,291.28.
For the week:
The Dow is up 28.41, or 0.3 percent.
The S&P is down 0.06, or less than 0.1 percent.
The Nasdaq is up 5.59, or 0.2 percent.
For the year:
The Dow is up 1,772.12, or 20.2 percent.
The S&P is up 223.17, or 24.7 percent.
The Nasdaq is up 714.25, or 45.3 percent.