Stocks Flatline On Friday (SPY, QQQQ, GLD, USO, TLT, UUP)

It was a fairly uneventful day in the capital markets on Friday. The major averages traded in a tight range and closed close to unchanged ahead of next week's mid-term election and quantitative easing announcement from the Federal Reserve. The Dow Jones Industrial Average closed 4.5 points higher at 11,118. The widely watched blue-chip average traded in a range between 11,076 and 11,131. The SPDR S&P 500 ETF

closed 0.8% higher at $118.49. Volume was lackluster with just 134 million SPY shares trading hands compared to a 3-month average volume of 194 million. The PowerShares QQQ Trust ETF

, which tracks the performance of the Nasdaq 100, fell 0.23% to $52.18. At the end of October, the QQQQ has now gained 14% year-to-date. Gold had another strong session on Friday. COMEX gold futures jumped 1.17% to $1,358.20. The SPDR Gold Trust ETF climbed 1.05% to $132.62 in New York Stock Exchange trading. Crude oil closed the week lower on Friday. NYMEX crude futures fell around 1% to $81.35. The United States Oil Fund ETF

lost 0.62% to finish at $35.17. Treasuries rallied strongly ahead of the uncertainty surrounding next week. The iShares Barclays 20+ Year Treasury Bond ETF

gained 0.93% to close at $100.42. The yield on the 10-Year Note fell 5.3 basis points to 2.60%. The U.S. Dollar was marginally weaker on Friday. The PowerShares DB US Dollar Index Bullish ETF

, which tracks the performance of the dollar against a basket of currencies, slid 0.18% to close at $22.37. The closely watched EUR/USD pair is trading at $1.3922.