US stocks close nearly flat after a wild week

U.S. stocks are ending the day little changed at the end of a volatile week.

Stocks fell heavily in the first two days of trading this week on concerns about the health of China's economy. The market then rebounded sharply as investors decided to scoop up bargains.

The Dow Jones industrial average fell 11.76 points, or 0.1 percent, to 16,643.01 on Friday.

The Standard & Poor's 500 index rose 1.21 points, or 0.1 percent, to 1,988.87. The Nasdaq composite gained 15.62 points, or 0.3 percent, to 4,828.32.

U.S. oil prices moved sharply higher for a second day, boosting energy stocks.

Bond prices were little changed from Thursday, keeping the yield on the 10-year benchmark Treasury note at 2.18 percent.

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