Thursday, October 23, 2014
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Stocks little changed on Ukraine, Yellen speech

Stocks are little changed on Ukraine concerns; Investors consider Fed chief Yellen's speech
Posted on Aug. 22, 2014 at 12:00 a.m. | Updated on Aug. 22, 2014 at 11:59 a.m.

NEW YORK (AP) — Stocks are little changed at midday after a speech by Federal Reserve Chair Janet Yellen left investors unsure on how the bank will proceed on interest rates.

Investors were also monitoring another flare-up in tensions between Ukraine and Russia.

The Dow Jones industrial average lost 25 points, or 0.2 percent, to 17,014 as of noon Eastern time Friday.

The Standard & Poor’s 500 index fell three points, or 0.1 percent, to 1,990. The Nasdaq composite index rose six points, or 0.1 percent, to 4,538.

Aeropostale plunged 10 percent after forecasting a big loss in the current quarter. Gap rose 5 percent after reporting higher profit in the latest quarter.

Bond prices were little changed. The yield on the 10-year Treasury note held at 2.41 percent.


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 Specialist Charles Boeddinghaus works on the floor of the New York Stock Exchange, Wednesday, Oct. 22, 2014. Stocks are opening mixed as investors look over earnings reports from U.S. companies. (AP Photo/Richard Drew)

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Posted 33 minutes ago
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