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Stock Market News Update for Friday, November 19, 2010

Friday saw the U.S. stock market close out a wild week with a lackluster finish: In the final stretch, stocks ended Friday's trading session just above the breakeven point.Overall, the three indexes were barely changed from their close a week ago.

With no economic data or major corporate reports on the agenda, volume was light Friday as investors took a breather after the prior day's advance.

Concerns about Irish bank bailouts, China clamping down on inflation and more backlash against the Fed's bond-buying spree all pummeled stocks in the first half of the week. Then on Thursday, investors perked up again after General Motors raised $20.1 billion in an initial public offering with shares debuting on the NYSE Thursday.

 

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