Dow, S&P gain on financials, consumer staples

05/05/2010 - 16:05

NEW YORK (Reuters) - The Dow and S&P 500 indexes on Wednesday erased losses to trade flat as gains in financial and consumer staples shares offset worries about a possible spread of Greece's debt crisis to other European countries.

* The Dow Jones industrial average added 9.59 points, or 0.09 percent, to 10,936.36. The Standard & Poor's 500 Index was up 0.88 points, or 0.07 percent, at 1,174.48. The Nasdaq Composite Index slipped 4.99 points, or 0.21 percent, to 2,419.26.

(Reporting by Leah Schnurr)