The interest rate decision of the Federal Reserve is seen on a television screen at the post of specialist Paul Cosentino, on the floor of the New York Stock Exchange Wednesday, Nov. 3, 2010. (AP Photo/Richard Drew)
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Updated: Friday, 31 Dec 2010, 12:39 PM EST
Published : Friday, 31 Dec 2010, 12:39 PM EST
NEW YORK (AP) - Stock indexes are mixed in midday trading on a day that many investors are taking off.
Trading volume is at one of the lowest levels of the year.
All major market indexes are up more than 14 percent for the year as a result of record corporate earnings. The Nasdaq is up 18 percent after dividends. That's led some investors to lock in gains or sell underperforming stocks to reap a tax benefit.
The Dow Jones industrial average is up 3 points, or less than 0.1 percent, to 11,572. The S&P 500 is up less than a point to 1,258. The technology-focused Nasdaq composite index is down 10, or 0.3 percent, to 2,653.
The bond market will close at 2 p.m. EST today.
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