NEW YORK (AP) — Stocks are mixed on Wall Street as investors assess the latest earnings from U.S. companies.
The Standard & Poor's 500 index held on to a record level, but the Dow Jones industrial average edged lower.
Merck fell after the drugmaker sharply lowered its profit forecast and reported a plunge in third-quarter earnings.
The S&P 500 was up half a point at 1,760 in midday trading Monday. The Dow fell 15 points to 15,555. The Nasdaq composite was down 10 points to 3,933.
Homebuilders fell after the number of Americans who signed contracts to buy previously occupied homes fell in September to the lowest level in nine months, reflecting higher mortgage rates and home prices.
The yield on the 10-year Treasury note was unchanged at 2.51 percent.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
A woman was stolen from her daughter's car, a woman who died more than five years ago.
Albuquerque police shot and killed a man Sunday night after responding to an assault call near UNM.
Deputies were led on a chase around 4 p.m. Monday after a person called 911 to report their vehicle had been stolen and was being driven recklessly around Albuquerque.
New Mexico could have hundreds of millions of dollars more to spend as legislators get ready to put together next year's budget in the upcoming legislative session.
Organizers of the Gildan New Mexico Bowl are hoping to shed the disappointing attendance numbers that weighed down the event last year when the Colorado State Rams and the Washington State Cougars face off Dec. 21.
The numbers are in, and so far, few students are choosing to opt-out of the state assessment test.