Investors hit pause button on stock run-up...Private sector data due

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Associated Press

Posted on November 26, 2013 at 7:02 AM

Updated Tuesday, Nov 26 at 7:02 AM

NEW YORK (AP) — Investors have hit pause on the stock market's rally, with little company-specific news to digest Monday and the market ended little changed. The Dow rose eight points to close at 16,073, while the Standard & Poor's 500 eased back two points to 1,802 and the Nasdaq rose three points to 3,995. Trading was light in a holiday week. Futures point to a flat opening this morning.

MANILA, Philippines (AP) — International stock markets mostly traded sideways today after a lull in Wall Street's record-breaking run ahead of a U.S. holiday. Benchmark crude oil rose to $94.50 a barrel. The dollar fell against the euro and the yen.

WASHINGTON (AP) — Today's economic data will be coming from private sector sources. Standard & Poor's releases the S&P/Case-Shiller index of home prices for September. A little later in the morning, the Conference Board releases its Consumer Confidence Index for November. Meanwhile, Tiffany and Barnes & Noble report their quarterly financial results before the market opens this morning. Hewlett-Packard reports its latest results after the market closes.

BUCHAREST, Romania (AP) — Chinese Prime Minister Li Keqiang (lee kuh-TYAHNG') says Chinese investment in infrastructure construction, renewable energy and agriculture in eastern Europe will bring greater prosperity and jobs in the region. He spoke at the opening of a meeting with leaders from 16 central and eastern European nations. Three hundred Chinese business people accompanied Li for the meeting. Analysts say China sees eastern Europe as a gateway to the European Union.

ATLANTIC CITY, N.J. (AP) — Internet gambling is officially off and running in New Jersey. Regulators have givin six casinos the green light to offer Internet gambling statewide after several days of live testing. One of the keys was a system to make sure gamblers using the service are within New Jersey.

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