Stocks squeezed out small gains in a thin, choppy session Wednesday, with the Nasdaq hitting multi-year highs, but gains were limited as Greek debt negotiations came to another halt.
The Dow Jones Industrial Average rose 5.75 points, or 0.04 percent, to close at 12,883.95. BofA was the biggest gainer on the blue-chip index, nudging above the $8 level for the first time since early September. Meanwhile, AmEx dragged on the Dow.
The S&P 500 edged up 2.91 points, or 0.22 percent, to end at 1,349.96. The Nasdaq climbed 11.78 points, or 0.41 percent, to finish at 2,915.86.
Despite the day's lackluster session, all three major indexes have soared more than 20 percent from their early October lows. The blue-chip index is now about 10 percent away from the all-time high it hit in October 2007, while the S&P and Nasdaq are both on track for a sixth week of gains.
The CBOE Volatility Index, widely considered the best gauge of fear in the market, finished near 18.
Among the 10 S&P sectors, banks gained, while energy sagged.
Greek parties are trying yet again to strike a reform dealin return for a new international rescue package to avoid a chaotic default, after a string of delays which have prompted some EU leaders to warn that the euro zone can live without Athens. (Read More: 'Greece Should Default Instantly' )Page 1 of 5 | Next Page