Stocks Finish Little Changed as Global Growth Worries Persist with Sprint Nextel (S) and Safeway Inc (SWY) on the Move
Posted on October 11, 2012 at 16:38 PM EDT
Stocks pared earlier gains and ended little changed this afternoon, as enthusiasm over upbeat economic data faded. Major averages are on pace for their biggest weekly drop in more than four months. On the economic front, weekly jobless claims hitting their lowest level since February 2008, according to the Labor Department. However, the report may have been distorted by one state not posting its claims number for the week as expected. A Labor Department spokesman said the state accounted for much of the...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)