NEW YORK (AP) - U.S. stocks were down for a good part of the Wall Street session Monday. But by the closing bell, they were down only modestly.
The Dow fell 7 points to close at 12,654, for a drop of 0.1 percent. It had been down as many as 131 points during the session.
The S&P 500 was down 3 points to 1,313. The Nasdaq composite slipped 5 points to 2,812.
Shares of fast food chain Wendy's fell 4 percent. It reported that one measure of earnings dropped 30 percent in the fourth quarter. Charges from selling Arby's offset the effects of a jump in sales.
First Coast News