Wall Street recovered from earlier losses to finish flat after a volatile session. The main factors were weak economic data, big decline in auto sales and concerns about the fallout of housing slump.

The Institute for Supply Management reported a drop in manufacturing to 48.3 in February from 50.7 in January. Economists had expected a reading of 48. Construction spending dropped 1.7% in January, wider than December's 1.1% decline.

Record oil and gold prices spurred a rally in commodity stocks, outweighing declines in technology and financial shares. Exxon, the biggest US oil company was among the Dow's advancers.

Auto makers declined after general motors and ford reported double-digit US sales declines. Both cut their second-quarter production. Financial shares which are down 13% this year, fell for the third day.

The Dow Jones industrial average fell 7.49 points, or 0.06%, to 12,258.90. The Standard & Poor's 500 index gained 0.71 points, or 0.05%, to 1,331.34, while the Nasdaq composite index was down 12.88 points, or 0.57%, to 2,258.60.

A look at how the Indian ADRs performed:

Name Infosys Sify Rediff.com India Satyam Wipro ICICI Bank HDFC Bank MTNL Tata Comm Dr Reddy's Lab Tata Motors Patni Computer Sterlite Ind

Symbol INFY SIFY REDF SAY WIT IBN HDB MTE TCL RDY TTM PTI SLT

Price 38.21 4.61 8.30 24.57 11.54 50.28 103.69 5.78 25.00 14.51 17.60 11.47 19.90

Change -0.71 -0.09 -0.22 -0.41 -0.00 -1.56 -5.42 -0.33 0.20 0.20 0.08 -0.64 -0.95

Change% -1.82% -1.91% -2.58% -1.64% -0.00% -3.01% -4.97% -5.40% 0.81% 1.40% 0.46% -5.28% -4.56%

Volume 4,062,262 113,569 52,596 1,026,872 413,790 3,363,350 797,716 405,610 114,602 247,534 1,050,010 64,706 1,449,207

High 38.68 4.70 8.65 24.89 11.54 51.18 107.85 6.13 25.18 14.60 17.74 12.08 20.20

Low 37.88 4.57 8.30 23.89 11.26 49.07 103.1 5.70 23.59 14.12 17.47 11.43 19.52