New York, June 12 (BridgeNews) - The Nasdaq closed flat and the market ended higher as stocks rebounded from earlier losses tied to a profit warning from Nokia (NOK). Traders say New York Federal Reserve Bank President William McDonough's remarks -- that a second-half recovery is still the most likely scenario and that inflation is not of concern -- may have given the market a late boost. The Nasdaq closed down 0.84, or 0.04%, to 2169.94. The Dow Jones industrial average was up 26.29, or 0.24%, to 10,948.38.