Friday February 20, 08:12 PM
STOCKS NEWS US-Markets flat after White House comment
Stocks on the move Real (Frankfurt: A0N4R2 - news) -Time Equity news
U.S. stock market report
1451 ET 20Feb2009-Markets flat after White House comment ------------------------------------------------------------------------------
Major U.S. indexes cut their losses on Friday, with the Dow and Nasdaq (NASDAQ: news) briefly turning positive after the White House said it strongly believed that a privately-held banking system was the way to go, tempering fears about a possible nationalization.
The Dow Jones industrial average was down 0.1 percent at 7,459.34 while the S&P 500 was flat at 778.64 and the Nasdaq was up 0.7 percent to 1,452.25.
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