Markets Close Flat As Consumer Spending Rises

The markets closed near the flatline as an increase in consumer spending and construction spending took the sting out of rising oil prices. The Dow added 6 points to 12,354 while Nasdaq gained 4 points to 2422. S&P 500 slipped 2 points to 1421. The 30-year bond eased as the yield inched up to 4.848%.