Stocks wobble after Dow has best week in 2 years


NEW YORK (AP) — Stocks are wavering between small gains and losses after the Dow Jones industrial average had its best week in two years.

The Dow is down 11 points, or 0.1 percent, at 12,572 in midday trading today. It had been up as many as 19 points after the Commerce Department reported an increase in factory orders.

The Standard & Poor’s 500 index is down 3, or 0.2 percent, at 1,337. The Nasdaq composite is up 2, or 0.1 percent, at 2,818.

Last week, the Dow rose 648 points, its best week in two years, after Nike reported strong earnings and Greece cleared its final hurdle before receiving another round of loans. The gains erased about six weeks of losses. The Dow is down just 1.8 percent below its April 29 high.