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U.S. stocks were little changed on the last trading day of 2021, indicating a quiet finish in a year of repeated records on Wall Street on low interest rates and the rollout of Covid-19 vaccines.
The S&P 500 traded around the flatline Friday morning, bouncing between small gains and losses. The broad-market index is on course to finish the year about 27% higher, which would be its largest annual percentage gain since 2019. The tech-focused Nasdaq Composite also wobbled after the opening bell, while the Dow Jones Industrial Average edged down less than 0.1%.