S&P falters as banks weigh; CAT helps Dow

By IBTimes Staff Reporter | April 26 2010 4:16 PM

The S&P 500 edged lower on Monday as bank shares fell on fears that financial reform making its way through Congress will curb profits, while Caterpillar's strong results buoyed the Dow.

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The Dow Jones industrial average <.DJI> ended just above break-even, up 0.75 of a point, or 0.01 percent, at 11,205.03, based on the latest available figures. The Standard & Poor's 500 Index <.SPX> slipped 5.23 points, or 0.43 percent, to finish unofficially at 1,212.05. The Nasdaq Composite Index <.IXIC> declined 7.20 points, or 0.28 percent, to close unofficially at 2,522.95.

(Reporting by Leah Schnurr; Editing by Jan Paschal)

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