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Stocks mixed on last day of year

2010 strong year for market

Updated: Friday, 31 Dec 2010, 11:39 AM CST
Published : Friday, 31 Dec 2010, 11:39 AM CST

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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