Stocks are trading flat today as investors are opting to wait before making any big bets until the Fed and the ECB announce their decisions later this week. There was some positive economic data today as consumer confidence and home prices both saw improvements in July.
Apple Inc. (NASDAQ:AAPL) rose above $600 today on reports the company is considering a stock split which would allow the stock to be added to the Dow Jones Industrial Average.
The major stock averages are mixed this afternoon with the Dow down 20 points, the Nasdaq up 4 points and the S&P 500 down 2 points. [Read more...]