(AP) -- Stocks are closing little changed on Wall Street as investors focus again on the looming "fiscal cliff" faced by the U.S. government.
The Dow Jones industrial average ended a quarter point lower than it started Monday, at 12,815. It moved between small gains and losses throughout the day.
The Standard & Poor's 500 index edged up a fraction of a point to 1,380. The Nasdaq composite fell less than a point 2,904.
Trading was light. The government and the U.S. bond market were closed for Veterans Day, and there were no economic reports.
The fiscal cliff refers to government spending cuts and tax increases that are scheduled to kick in at the beginning of the new year, unless Congress and the White House work out a compromise.
All content © Copyright 2000 - 2013 WorldNow and WREX. All Rights Reserved.
Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Trista Truesdale at (815) 335-7856. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at email@example.com.