Stocks have closed a brutal week on a quiet note.
The market rose slightly today after bouncing between gains and losses. Worries about the economy again pounded copper, gold and other commodities.
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The Dow Jones industrial average rose 38 points, or 0.4 percent, to 10,771. The Dow fell 6.4 percent for the week, its biggest drop since October 2008.
The S&P 500 index rose 7, or 0.6 percent, to 1,136. The Nasdaq rose 28, or 1.1 percent, to 2,483.
Investors were watching developments about Europe. Finance ministers from 20 countries pledged to take “all necessary actions to preserve the stability of the banking systems and financial markets.”
Nearly two stocks rose for every one that fell on the New York Stock Exchange. Trading volume was average at 4.8 billion shares.
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