How the major stock indexes fared Tuesday

[December 08, 2010]  (AP) -- Stocks closed mixed after enthusiasm over a deal to extend tax cuts faded. President Barack Obama and Republican leaders agreed to a broad package of tax cuts and an extension of unemployment benefits.

The compromise plan helped send stocks higher in the morning but the gains faded by late afternoon.

The Dow Jones industrial average fell 3.03, or 0.03 percent, to close at 11,359.16.

The Standard & Poor's 500 index rose 0.6, or 0.05 percent, to 1,223.75.

The Nasdaq composite index rose 3.6, or 0.1 percent, to 2,598.49.

For the week:

• The Dow is down 22.93, or 0.2 percent.

• The S&P is down 0.96, or 0.08 percent.

• The Nasdaq is up 7.03, or 0.3 percent.

For the year:

• The Dow is up 931.11, or 8.9 percent.

• The S&P is up 108.65, or 9.7 percent.

• The Nasdaq is up 329.34, or 14.5 percent.

[Associated Press]

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