Stocks Flat After Big Rally

By Kevin Spak,  Newser Staff
Posted Jun 2, 2009 8:52 AM CDT
Stocks Flat After Big Rally
Specialist George Moerler III, left, directs trades in share of Travelers on the floor of the New York Stock Exchange Monday, June 1, 2009.   (AP Photo/Richard Drew)

Stocks were essentially flat at today's open on the heels of yesterday’s huge rally. The Dow inched down 15 points, while the Nasdaq and S&P fell 0.5% and 0.3%, respectively. Commodity prices were backing off, though oil still hovered around $68 a barrel. Financials were mixed, with Barclays down 12% in US trading after Abu Dhabi’s International Petroleum Investment Co, announced it would sell more than a billion shares. (More stock market stories.)

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