Stocks End Mixed as Rally Stalls with Apple (AAPL) and Facebook (FB) on the Move
Posted on October 01, 2012 at 16:22 PM EDT
Closing out the day... Stocks gave up their earlier rally to end mixed on the first day of the fourth quarter, with the Nasdaq closing in negative territory, but a better-than-expected manufacturing report helped limit losses. The Institute for Supply Management's manufacturing index, a survey of purchasing managers, came in at 51.5 for September, marking the first expansion in the U.S. manufacturing sector in four months. The stronger-than-expected data boosted hopes that some of the recent slowdown in economic growth was just a summer phenomenon. The major indexes initially jumped about 1% f...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
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