Stocks were little changed today, as the S&P added less than a point to hit yet another record high while the Dow Jones fell 0.1%. As earnings begin to be reported, investors likely are waiting for tomorrow’s jobs data to be released before making any big moves.
Google acquired Motorola for $12.5 billion in May 2012, and the division is on track to lose $1 billion this year.
The National Association of Realtors announced September home resales had fallen 1.9% to an annual rate of 5.29 milion units.
Stocks rose today, sending the S&P 500 to a new record high and to its best week since July. Investor speculation that the Federal Reserve will continue its monetary stimulus was a force behind today’s gains.
China’s gross domestic product (GDP) rose 7.8% from one year ago, an acceleration in the country’s rate of growth.
Bank of America is considering a checking account option which would prevent customers from overdrawing at ATMs or processing an automatic bill payment.