Indices closed out Friday’s session with mixed moves. The Dow added some points, led up by the likes of Boeing, Hewlett-Packard, IBM, and Wal-Mart. The S&P 500 and Nasdaq ended fractionally in the red zone. Stocks made mixed moves amid a variety of economic news. The Bureau of Labor Statistics reported that the producer price index climbed 1.1% in September, following a jump of 1.7% in August. Economists expected a 0.7% uptick for producer prices. Meanwhile, consumer confidence is up this month. In a preliminary reading, the University of Michigan’s consumer sentiment index for October rose to 83.1, its highest level since September 2007. The results exceeded expectations for a reading of 78.5. Looking ahead to next week, quarterly earnings details are scheduled for release from Citigroup, Bank of America, Microsoft, and McDonald’s.
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