Friday, December 07, 2007

Wall Street quiet ahead of Fed




Dec. 7 - U.S. stocks barely moved on Friday as signs of a strong labor market offset consumer concerns and investors prepared for at least a quarter-point rate cut.The Dow rose 5 points to 13,625. The S&P 500 slipped 2 points to 1,504. The Nasdaq dipped 2 points to 2,706. Crude oil prices fell to close at $88.28 a barrel.REUTERS VIDEO