48°FOvercastFull Forecast

Stocks are little changed after record week

Published: Monday, May 6, 2013 11:20 a.m. CDT • Updated: Monday, May 6, 2013 4:22 p.m. CDT
(Richard Drew)
In this Thursday, May 2, 2013, photo, Trader John Santiago works on the floor of the New York Stock Exchange. World stock markets rose Monday May 6, 2013 after an unexpectedly strong U.S. jobs report pushed Wall Street to new highs. Malaysian shares jumped after the country's ruling political alliance won national elections. (AP Photo/Richard Drew)

NEW YORK (AP) — Stock indexes are little changed on Wall Street following a record-setting week for the market.

The Dow Jones industrial average was down 20 points at 14,953 points at noon Eastern Daylight Time Monday, a decline of 0.1 percent.

The Standard & Poor's 500 rose one point to 1,616. The Nasdaq composite edged up seven points to 3,384, an increase of 0.2 percent.

Tyson Foods, the nation's largest meat-processing company, fell 4 percent after reporting that its income dropped as chicken feed costs rose and profits fell in its beef business.

The stock market cleared new milestones Friday after the government reported that employers added more workers to their payrolls in recent months.

The Dow rose above 15,000 for the first time, while the S&P 500 closed above 1,600, another first.

Get breaking and town-specific news sent to your phone. Sign up for text alerts from the Northwest Herald.

Reader Poll

Have you ever been the victim of hacking?