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Stocks edge lower; EBay jumps on news of PayPal spinoff
Stocks edge lower; EBay jumps on news of PayPal spinoff

The stock market fell for a second day running on Monday, keeping the Standard & Poor's 500 index on course for its third monthly loss this year. Ford Motor sank after cutting its profit forecast. KEEPING SCORE: The Dow Jones industrial average was down 13 points, or 0.1 percent, to 17,059 as of 10:13 a.m. Eastern time Tuesday. The S&P 500 fell two points, or 0.1 percent, to 1,975. The Nasdaq composite sank nine points, or 0.2 percent, to 4,496. BREAKUP: EBay jumped 7 percent, the biggest gain in the S&P 500, following news that it plans to spin off its PayPal payment service into a publicly traded company next year. Carl Icahn, the billionaire investor, had been pushing eBay to...

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