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Stocks mixed ahead of Labor Day
Stocks mixed ahead of Labor Day

U.S. stocks were mixed in early trading Friday as investors looked over a batch of new reports on the economy ahead of the Labor Day holiday. KEEPING SCORE: The S&P 500 was little changed at 1,996 as of 9:56 a.m. Eastern. The Dow Jones industrial average fell 15 points, or 0.1 percent, to 17,063. The Nasdaq composite rose three points, or 0.1 percent, to 4,560. CONSUMERS PULL BACK: The Commerce Department reported that consumer spending edged down 0.1 percent in July, the first monthly drop in spending since January. A drop in auto sales accounted for most of the decline. At the same time, income growth slowed to 0.2 percent in July, the weakest showing in seven months. SECTOR VIEW:...

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