Summary Box: Stocks end mixed after Fed minutes

AP News
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Posted: Apr 05, 2011 4:55 PM
Summary Box: Stocks end mixed after Fed minutes

FED MINUTES: Minutes released from the most recent meeting of the Federal Reserve showed that the central bank does not plan on making any changes to its stimulus program. Members are split about whether it needs to tighten credit later this year to ward off inflation.

MATERIALS RISE: Materials companies gained 1.1 percent, the most of any S&P group, as traders anticipated that inflation would lead to higher prices.

THE INDEXES: The Dow Jones industrial average fell 6.13, or 0.1 percent, to 12,393.90. The S&P 500 was essentially unchanged at 1,332.63. The Nasdaq composite rose 2, or 0.1 percent, to 2,791.19.