US STOCKS-Wall St little changed after best two-day run in three years
* Brent holds above $60 a barrel
* Indexes: Dow down 0.1 pct, S&P up 0.1 pct, Nasdaq up 0.2 pct (Updates to early afternoon)
By Caroline Valetkevitch
NEW YORK, Dec 19 (Reuters) - U.S. stocks were little changed on Friday after the market's best two-day run in more than three years, with shares of Nike weighing on the Dow while energy shares led a modest advance on the benchmark S&P 500.
The S&P 500 index had climbed 4.5 percent over the previous two sessions, spurred by the U.S. Federal Reserve's commitment to take a "patient" approach toward raising interest rates, while signaling it was on track to boost rates in 2015. That provided clarity and relief to investors over the policy outlook, analysts said.
Brent crude oil advanced above $60 a barrel on Friday, recovering from near a 5-1/2-year low, while WTI crude climbed 3.3 percent to $55.90.
The benchmark stock index has risen more than 3 percent this week, putting the S&P on track for its best weekly performance in two months. It has erased nearly all the losses from the prior week, which were spurred by a sharp drop in oil prices.
Shares of Nike shed 2.8 percent, a day after the company flagged slowing growth in western Europe.
At 1:16 p.m. EST, the Dow Jones industrial average fell 12.64 points, or 0.07 percent, to 17,765.51, the S&P 500 gained 2.58 points, or 0.13 percent, to 2,063.81 and the Nasdaq Composite added 7.18 points, or 0.15 percent, to 4,755.57. Continuación...