NEW YORK (AP) -- The S&P 500 only inched higher today, but that's still good enough for a new record close. The index added just a fraction of a point to close at 1,744.66. Meanwhile the Dow slipped seven points to 15,392 and the Nasdaq added nearly six to 3,920.
NEW YORK (AP) -- Oil has closed below $100 a barrel for the first time since early July. Rising U.S. supplies and an easing of tensions that have threatened to disrupt Middle East shipments helped push benchmark crude down $1.59. It closed at $99.22 on the New York Mercantile Exchange today.
NEW YORK (AP) -- ComScore says more Americans visited Yahoo's websites than Google's in September. That's the third month in a row Yahoo has topped Google in web traffic. Still, Yahoo remains far behind Google in making money from the people who visit its websites. Research firm eMarketer estimates that Google will generate nearly $39 billion in worldwide digital ad revenue this year. Yahoo is expected to bring in less than 10 percent of that, at a little more than $3.6 billion.
LOS GATOS, Calif. (AP) -- Netflix is cashing in on its renewed popularity. The Internet video subscription service saw its earnings quadruple in the third quarter as its line-up of original programming helped attract 1.3 million more U.S. subscribers. As of the end of September, Netflix had 31 million U.S. subscribers, surpassing the estimated 29 million subscribers that HBO is believed to have.
WASHINGTON (AP) -- Former Federal Reserve Chairman Alan Greenspan has words of praise for President Barack Obama's choice to lead the Fed. Greenspan tells The Associated Press that there were times when he would go to Janet Yellen for explanations of what academics were saying about certain economic issues. He calls Yellen "very sharp." One thing Greenspan won't comment on, however, is the Fed's $85 billion-a-month bond purchasing program. He says Fed policymakers don't need "somebody harking over their shoulders."
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