NEW YORK • Stocks were little changed in early trading on Wall Street as the Standard & Poor’s 500 index came off its best week since January.
The S&P 500 surged 3 percent last week and reached another record high on Friday, bouncing back from a slump in June on concern that the Federal Reserve was poised to start easing back on its stimulus to the economy. The central bank is currently buying $85 billion of bonds a month to keep interest rates low and to encourage borrowing and hiring.
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