The S&P 500 and Nasdaq ended slightly higher on Thursday as Egyptian President Hosni Mubarak said he would delegate powers to the vice president, ending weeks of uncertainty.

Based on the latest available data, the Dow Jones industrial average <.DJI> was down 10.60 points, or 0.09 percent, at 12,229.29. The Standard & Poor's 500 Index <.SPX> was up 0.99 points, or 0.07 percent, at 1,321.87. The Nasdaq Composite Index <.IXIC> was up 1.38 points, or 0.05 percent, at 2,790.45.

(Reporting by Caroline Valetkevitch); Editing by Leslie Adler)