Markets Flat At Midday Over Subprime Concerns

The markets traded near the flatline during the midday as unease about the subprime lending market overshadowed mergers and acquisitions news. The Dow added 6 points to 12,282 while Nasdaq gained 3 points to 2391. S&P 500 edged up a point to 1404. The 30-year bond rose as the yield slipped to 4.683%.