Stocks Bounce Back From Midday Tumble

NEW YORK (August 15, 2014) The stock market recovered from a midday tumble caused by the latest worries over Ukraine and ended the day little changed on Friday.

Ukraine’s president said his military destroyed most of a Russian military convoy that entered his country, but Russia denied it.

The Standard & Poor's 500 index ended pretty much where it started the day at 1,955 points, down a fraction of a point.

The Dow Jones industrial average lost 50 points, or 0.3 percent, to end at 16,662.

It was down 138 earlier.

The Nasdaq composite rose 11 points, or 0.3 percent, to close at 4,463.

Bond prices soared, sending the yield on the 10-year Treasury to its lowest of the year.

In late trading the yield was 2.34 percent, from 2.40 percent late Thursday.

It went as low as 2.30 percent.

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