NEW YORK (AP) — Stocks are opening mixed on Wall Street after a drop in U.S. consumer prices and a strong survey of Chinese manufacturing failed to excite investors.
The Dow Jones industrial average was up three points at 13,174 shortly after the opening bell Friday.
The Standard & Poor's 500 index edged down two points to 1,417 and the Nasdaq composite lost 12 points to 2,979.
Adobe, which makes Photoshop photo-editing software, jumped 7 percent after the company reported earnings that beat Wall Street's expectations. Analysts are optimistic about the potential of the company's new subscription service to increase revenue.
Best Buy dropped 12 percent after the struggling electronics retailer and its former chairman agreed to give the executive more time to assemble investors to make a bid for the company.
In Other News: The Theological Experts at Salon Magazine Claim Jesus was a Communist | Michael Schaus
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for October 1st, 2014 | John Ransom
In Other News: WH Daily Intel Briefings Are Optional? Obama Attends Fewer than Half | Michael Schaus
In Other News: Ukrainians Demolish Statue of Lenin – Putin Offers Statue of Himself as Replacement | Michael Schaus
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for September 29th, 2014 | John Ransom
In Other News: Hey White People! All GOP Policies Apparently Designed to Kill Black People | Michael Schaus