Stocks Sputter as MBS Bonds Gain

Second quarter productivity was down .5% rather than increasing .5% as the market believed it would.  This negative news triggered a rally in what had been earlier a dismal MBS trading session.  Stocks flirted with new records throughout the day but both the Dow Jones Industrials and the S&P 500 closed virtually unchanged.  The NASDAQ did manage a 12 point gain.