Summary Box: Stocks mixed before Europe summit

AP News
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Posted: Dec 07, 2011 4:31 PM
Summary Box: Stocks mixed before Europe summit

LITTLE CHANGED: Stocks closed mixed Wednesday after trading in a narrow range all day. Markets had muted reactions to headlines out of Europe as traders awaited bigger news expected later this week.

UP NEXT: The European Central Bank will make an announcement on interest rates Thursday. Traders hope the ECB will signal willingness to shore up Europe's weaker economies.

CAPPING THE WEEK: On Friday, European leaders will wrap up a two-day summit at which they will discuss coordinating their budgets more closely. Traders hope the meeting will produce a clearer plan for solving the two-year-old European debt crisis.