U.S. stocks ended flat on Tuesday. State of the Union President Obama will, long-rumored he may propose to freeze the federal budget.
EST at 16:00 on January 25, the Dow Jones Industrial Average fell 3.33 points to close at 11,977.19 points, down 0.03%; the Nasdaq composite index rose 1.70 points to close at 2,719.25 points, or 0.06%; the S & P 500 index rose 0.34 points to close at 1,291.18 points, or 0.03%.
Today, the lowest intraday Dow had dropped to 11,898.74 points.
Dow from 12,000 now only one step away. The Dow last closed above 12,000 points, in the June 19, 2008. On Monday the Dow rose 100 points, so some investors that the Dow approaching 12,000 at the time a correction is normal.
Federal Reserve two-day meeting from today's monetary policy meeting, U.S. President Barack Obama from 21:00 EDT (10:00 GMT Wednesday) began to publish State of the Union, investors have to remain vigilant. In addition, a number of Dow components reported to the company's fourth-quarter earnings and the decline in U.S. home prices shows the economic data also weighed on stocks.