NEW YORK (AP) — Stocks were mixed in early trading as investors weighed encouraging news about the economy against weaker holiday shopping sales.
The Dow Jones industrial average fell 30 points, or 0.2 percent, to 16,055. The Standard & Poor's 500 index was little changed at 1,806. The Nasdaq composite was also little changed at 4,060.
After dropping at the open, stocks reduced their losses after the government reported that developers boosted construction spending in October at the fastest pace in more than four years. A separate survey showed that manufacturing activity rose at its fastest pace in 2 ½ years.
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