Skip to main content
Advertising

Originally published August 30, 2013 at 6:46 AM | Page modified August 30, 2013 at 7:44 AM

  • Share:
           
  • Comments (1)
  • Print

Stocks open mixed as investors weigh weak spending

Stocks are opening mixed as investors weigh a government report showing weak consumer spending in July.

The Associated Press

Most Popular Comments
Hide / Show comments
Do you remember those Magic 8 Balls, where you asked a question, shook up the ball and... MORE

advertising

NEW YORK —

Stocks are opening mixed as investors weigh a government report showing weak consumer spending in July.

The Dow Jones industrial average fell 10 points to 14,830 shortly after the market opened Friday. The broader Standard & Poor's 500 index was up less than a point to 1,638. The Nasdaq composite fell two points to 3,617.

August is shaping up to be the market's worst month since May 2012. The S&P 500 has fallen 48 points this month, a 3 percent decline. In May 2012, it fell 88 points, or 6.3 percent

The Commerce Department said Friday that U.S. consumers barely increased their spending in July after their income grew more slowly.

The markets will be closed Monday for the Labor Day holiday.

News where, when and how you want it

Email Icon

Subscribe today!

Subscribe today!

Get 8 weeks of digital access to The Seattle Times for $1

Advertising

Advertising


Advertising
The Seattle Times

To keep reading, you need a subscription.

We hope you have enjoyed your complimentary access. Subscribe now for unlimited access!

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►