Stocks Opened Mixed after Inflation Data

U.S. stocks opened mixed on Tuesday, after the consumer price index data were unchanged. The Dow
Jones Industrial Average lately edged up 0.90 point, or 0.01%, to 15,885.47. The S&P 500 was down
3.90 points, or 0.22%, to 1,782.64. The Nasdaq Composite dipped 9.26 points, or 0.23%, to
4,020.26.

Americans spent less on gasoline in November, but the rising cost of housing and pricier airfare
largely offset their savings on fuel. The consumer price index was unchanged in November on a
seasonally adjusted basis, the Labor Department said.

The U.S. current account deficit narrowed to $94.8 billion in the third quarter, marking the
lowest level since the fall of 2009, the government said Tuesday.

KKR & Co. said Monday it reached a deal to acquire KKR Financial Holdings LLC, bringing under its
roof the separate, specialty-finance company managed by the private-equity firm that pursues debt
investments and other bets.

Boeing Co. (BA) said late Monday it is boosting its quarterly dividend 50% to 73 cents a share,
payable March 7, 2014, to shareholders of record on Feb. 14, 2014. At the same time, the aerospace
company said its board approved $10 billion to repurchase outstanding shares, to be added to the
approximately $800 million remaining from its 2007 buyback plan.

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