Recession official, but stocks flat

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Leading Indexes(as of 11/26/2001 12:00 hours ET) http://moneycentral.msn.com/investor/market/leading.asp

Quotes supplied by Standard & Poor's Comstock and delayed at least 20 minutes. Data Source: http://www.spcomstock.com

Name LEVEL CHANGE %Change
-------- -------- ------- -------
Dow Jones Industrial Average 9,941.03 -18.68 -0.19%
S & P 500 Index 1,151.60 +1.26 +0.11%
Nasdaq Composite Index 1,919.76 +16.56 +0.87%
Amex Composite Index 800.66 -10.97 -1.35%
Russell 2000 Index 457.76 -0.66 -0.14%

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Market Summary (as of 11/26/2001 12:00 hours ET) http://moneycentral.msn.com/articles/common/summary.asp

Recession official, but stocks flat
Provided by MSN Money

So now it's official. The United States is in a recession, one that began in March 2001 and was only worsened by the Sept. 11 terrorist attacks.
<P<
So says the Business Cycle Dating Committee at the National Bureau of Economic Research, which gets to decide such things. No real surprise on Wall Street, but enough to turn the Dow and S&P around and turn early gains into losses.
<P<
The Nasdaq, though, stayed positive, driven by tech and in particular chip stocks. And at midday, all three major indexes are within 1% of even.

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