US stocks open little changed

Source: AP-EXCITE

By STEVE ROTHWELL

NEW YORK (AP) — US stocks opened little changed on Monday, holding near all-time highs, as investors waited for more signs about the strength of the economy and corporate earnings.

KEEPING SCORE: The Standard & Poor's 500 index rose one point, or 0.1 percent, to 2,033 as of 9:50 a.m. Eastern time. The Dow Jones industrial average fell seven points, or 0.1 percent, to 17,563. The Nasdaq composite was unchanged at 4,633.

FOOD FOR THOUGHT: Dean Foods, a milk distributor, jumped $1.65, or 11.2 percent, to $16.04, after the company reported a third-quarter loss that wasn't as bad as investors had anticipated.

RETAIL EARNINGS: This week investors will be taking stock of retail company earnings to gain insight into how much American shoppers are spending ahead of the holiday season. Macy's, Nordstrom and Wal-Mart will report their earnings.

FULL story at link.



In this Wednesday, Oct. 8, 2014 photo, a man walks to work on Wall Street, in New York. European shares were higher Monday, Nov. 10, 2014, supported by expectations the European Central Bank is prepared to offer new stimulus to nurse the region's recovery. Gains in Asia were spurred by approval of a cross-border trading link between Hong Kong and Shanghai that will give foreigners greater access to Chinese shares. Wall Street looked poised to edge higher. (AP Photo/Mark Lennihan)


Read more: http://apnews.excite.com/article/20141110/financial_markets-e4fc9c67c5.html