Wednesday, 14 March 2012

Stocks seesaw

NEW YORK - Stocks rode a roller-coaster today as investors weighedconcerns about inflation sparked by a report of continued growth inthe manufacturing sector.

The Dow Jones industrial average closed down 84.85 at 10,829.28.Earlier in the session, the Dow was off as much as 132 points, a diplarge enough to spur some buying by bargain hunters and computer-driven trading programs, analysts said. That drove it into positiveterritory in midafternoon, up as many as 69 points before headingback toward the basement.

Broader stock indicators were mixed. The Standard & Poor's 500index was down slightly, while the Nasdaq composite index addedalmost 1 percent.

After …

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