News Summary: Stocks mostly lower on weak earnings

Published: 08:40:55 PM, Fri 26 October 2012 UTC

MIXED BAG: The government said the economy grew in the third quarter, but not fast enough to reduce unemployment. Earnings from many companies have disappointed, although not as much as some investors had feared.

INVESTOR REACTION: Stocks rose in the morning after the economic report, but then fell modestly in the afternoon. Major indexes ended little changed on the day.

WHAT'S NEXT: Ford and Pfizer report results Tuesday, with General Motors on Wednesday, ExxonMobil on Thursday and Chevron on Friday.

Tags: general motors, ford, chevron, exxonmobil, tuesday, week-day names, quarter, wednesday, news summary, thursday, thai solar calendar, economics, afternoon, investors, friday, business, economy, stocks, unemployment, morning, major indexes, mixed bag, weak earnings, economic report, investor reaction, pfizer report

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