NEW YORK (AP) — An early rise on Wall Street was mostly gone by midday as the stock market comes off of a record-setting October.
The Dow Jones industrial average was up just seven points, or 0.1 percent, at 15,552 at noon Eastern time (1600 GMT) Friday. It was up 103 points earlier.
The Standard & Poor's 500 index was down two points, or 0.1 percent, at 1,754. The Nasdaq composite was down 11 points, or 0.3 percent, at 3,907.
Trading was halted on the Nasdaq Options Market as of 10:36 a.m. Eastern time, according to Nasdaq OMX. Regular stock trading was not affected.
The S&P 500 closed at a record high seven times during October, most recently on Tuesday. It ended October with a gain of 4.5 percent.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Original headline: An early rise fades by midday on Wall Street
Most Popular Stories
- NSA Defends Global Cellphone Tracking Legality
- Top Websites for U.S. Hispanics
- Networks Vie for U.S. Hispanic TV Viewers
- Ad Counts Rise in 2013 for Hispanic Magazines
- Apple Wants Samsung to Pay $22M for Patent Dispute Legal Bills
- Starbucks Gets Grinchy; No Gingerbread Lattes for Tampa Customers
- Apple Paid Its Lawyers More Than $60MM to Defeat Samsung in Court
- Jobs Report Brings Cheer As Unemployment Drops to Five-year Low
- Economic Bright Spots Not a Sure Boost for President Obama
- US Consumer Borrowing Rose $18.2B in Oct.