Bloomberg News

U.S. Stocks Erase Gains as S&P 500 Fails to Exceed 2011 Peak

February 17, 2012

Feb. 17 (Bloomberg) -- U.S. stocks erased gains as optimism among European leaders that a Greek bailout will be completed failed to drive the Standard & Poor’s 500 Index above last year’s peak.

The S&P 500 was little changed 1,357.96 at 11:06 a.m. in New York after climbing 0.4 percent earlier.

--Editor: Michael P. Regan

To contact the reporter on this story: Michael P. Regan in New York at

To contact the editor responsible for this story: Nick Baker at

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