Wall Street mainly flat as three-day rally fizzles

By
March 13, 2009 20:15

A three-day rally ground to a halt Friday as traders grew cautious about buying too much too quickly ahead of the weekend. Stocks traded mixed as energy and financial companies slid and technology shares wavered after posting big advances this week. Following a three-day rally that has lifted the Dow Jones industrials nearly 10 percent, analysts say investors are likely taking profits ahead of the weekend. "I wouldn't be surprised if trading activity falls off as we head to the end of the week as investors try to lock in profit," said Michael Sheldon, chief market strategist at RDM Financial Group.


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