Stocks Waver on Fed Taper Talk

U.S. stocks opened mixed on Friday, as investors sought more clarity on the direction of Federal Reserve policy. The Dow Jones Industrial Average lately fell 29.94 points, or 0.19%, to 15,606.61. The S&P 500 index was off 1.76 points to 1,720.58. The Nasdaq Composite gained 1.13 points, or 0.03%, to 3,790.51.

Home Depot Inc is shifting medical coverage for part-time workers to new public marketplace exchanges ahead of new benefits requirements under the U.S. Affordable Care Act, a spokesman said on Thursday.

Federal Reserve Bank of St. Louis President James Bullard, a voter on policy this year who has backed record stimulus, said the decision not to slow bond buying was a close call and “small” tapering is possible next month.

CNBC’s Becky Quick is joined by Warren Buffett, chairman and CEO of Berkshire Hathaway, and Brian Moynihan, president and CEO of Bank of America.

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