Wednesday's early trade: stocks little changed

US stocks were little changed in choppy, light trading on Wednesday as investors weighed high expectations about an upcoming eurozone summit against headline-driven selling. An agreement earlier in the week between Germany and France on tighter fiscal controls for the eurozone had triggered buying, but expectations may have gone too far, analysts said.
Trading volume was very light, characteristic of the wait-and-see mode Hogan described ahead of the summit. The Dow Jones industrial average was up 26.98 points, or 0.22 percent, at 12,177.11. The Standard & Poor's 500 Index was down 1.18 points, or 0.09 percent, at 1,257.29. The Nasdaq Composite Index dipped 5.57 points, or 0.21 percent, at 2,643.99.