Stocks Ended Mixed in Volatile Trade

U.S. stocks closed a roller-coaster trading session Thursday with gains for two of three indexes, led by blue-chips. After rising as much as 260 points and falling 45 points, the Dow Jones Industrial Average ended up 143.08 points, or 1.30%, at 11,153.98. The S&P 500 ended up 9.34 points, or 0.81%, to 1,160.4. The Nasdaq Composite fell 10.82 points, or 0.43%, to 2,480.76.

Bank of America said Thursday that it will start charging a $5 monthly fee when customers make debit card purchases. The fee will be rolled out starting early next year.

The average on a 30-year fixed mortgage fell to 4.01 percent from 4.09 percent this week, Freddie Mac said Thursday. That’s the lowest rate since the mortgage buyer began keeping records in 1971. The last time long-term rates were lower was in 1951, when most long-term home loans lasted just 20 or 25 years.

Shares of BlackBerry maker Research in Motion Ltd. slid further Thursday after the company said it remained committed to its PlayBook tablet computer despite lackluster sales and an analyst said a Taiwanese company had laid off workers at a factory focused on making it.


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