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The Ledger - EST. 1978 - Nashville Edition

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VOL. 41 | NO. 13 | Friday, March 31, 2017

Stocks end little changed on Wall Street

The Associated Press

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Stocks are closing little changed on Wall Street as gains in energy companies are canceled out by losses in banks and other parts of the market.

Oil and gas companies benefited from broad increases in energy prices. Chesapeake Energy jumped 6.8 percent and Range Resources rose 4.2 percent.

Staples jumped 9.8 percent after the Wall Street Journal reported that the office supplies company is talking to private equity firms about a potential sale.

Lighting maker Acuity Brands plunged 14.8 percent after its profit and sales were weaker than expected.

The Standard & Poor's 500 index edged up 1 point to 2,360.

The Dow Jones industrial average rose 39 points, or 0.2 percent, to 20,689. The Nasdaq composite gained 4 points, or 0.1 percent, to 5,898.

Small-company stocks fell.