BUZZ-U.S. STOCKS ON THE MOVE-Airline stocks, Genetic Tech, Moody's
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U.S. stocks fell on Monday as disappointing reads on consumer spending and the manufacturing sector added to recent concerns that economic data was pointing to slowing conditions. The Dow Jones industrial average was up 0.14 percent at 17,189.73, the S&P 500 was up 0.31 percent at 2,001.11 and the Nasdaq Composite was down 0.49 percent at 4,612.52.
** EXXON MOBIL CORP, $88.6, +1.35 pct
The world's largest publicly traded oil company said its quarterly profit fell 21 percent as weak oil prices took a toll, but results topped Wall Street expectations due to tax benefits and a favorable arbitration ruling.
Exxon also said it will reduce its share buyback program in the first quarter by more than half to $1 billion.
For a graphic on ExxonMobil vs. Chevron, (link.reuters.com/red93w)
** AMERICAN AIRLINES GROUP, $48.41, -1.37 pct Continued...