– National
Stocks ended little changed on Monday as investors showed no desire to extend last week’s strong gains ahead of a speech by Federal Reserve Chairman Ben Bernanke, just a week before the Fed’s next meeting on interest rates.
The Dow Jones Industrial Average fell 5.12 points, or 0.1 percent, to 11,274.53. The Standard & Poor’s 500 Index slipped 2.17 points, or 0.2 percent, to 1,305.08. The Nasdaq Composite Index rose 7.63 points, or 0.3 percent, to 2,314.11.
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– Local
Local movers were led by UTI Worldwide Inc, which gained 1.6 percent to $100.89, Reinhold Industries Inc., which rose 14.1 percent to $11, and East West Bancorp Inc., which climbed 3.3 percent to $39.51. On the down side, Occidental Petroleum Corp. fell 2.8 percent to $92.42, Alexandria Real Estate Equities Inc. lost 2.2 percent to $94.93 and Ryland Group Inc. slipped 2.5 percent to $68.76.
