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Wall Street ends flat after S&P touches new high


    NEW YORK (Reuters) - Stocks ended the trading session flat in light volume on Wednesday as investors were cautious after the S&P 500 index briefly hit its highest intraday level since November 2007.

    The Dow Jones industrial average dropped 36.56 points, or 0.26 percent, to 13,982.14. The Standard & Poor's 500 Index gained 0.81 point, or 0.05 percent, to 1,520.24. The Nasdaq Composite Index added 10.38 points, or 0.33 percent, to 3,196.88.

    (Reporting by Chuck Mikolajczak; Editing by Kenneth Barry)