CLOSING BELL

Dow 10642.15  +17.46 at 10642.15, Nasdaq 2362.21  -5.45 at 2362.21, S&P 1150.51  +0.52 

The market once again traded in a tight range with little news to give the market a boost.  The S&P 500 seems to be stuck at the 52 week high mark. 

A stronger dollar had hampered stocks most of the day. However, despite the dollar gaining +0.5% traders still supported stocks in the final hour.

Trading volume again was light as most traders decided to sit on the sideline, since tomorrow the FOMC will release their latest policy statement on interest rates.

In economic news, Industrial production edged up +0.1% in February, beating expectations and marking the eighth straight monthly increase. The manufacturing sector produced less due to winter storms but is expected to rebound in March.

The Empire Manufacturing Index for March hit 22.9, which is a bit better than the 22.0 that was forecast, but not quite as strong as the 24.9 that had been reported for February.

Advancing Sectors: Consumer Staples +0.8%, Telecom +0.5%, Health Care +0.5%, Utilities +0.5%, Industrials +0.2%, Consumer Discretionary +0.1%

Declining Sectors: Energy -1.0%, Tech -0.3%, Materials -0.3%, Financials -0.1%