Another record for S&P 500
NEW YORK -- Stocks are ending mostly higher, giving the Standard & Poor's 500 index its second straight record close.
Major indexes wavered between small gains and losses through much of the day Friday.
The S&P 500 edged up a point, less than 0.1 percent, to 2,122.
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The Dow Jones industrial average rose 20 points, or 0.1 percent, to 18,272. The Nasdaq composite edged down two points to 5,048.
Keurig Green Mountain sank 9 percent after announcing a high price for its new cold-drink machine that got investors worried.
Semiconductor maker Applied Materials gained 2 percent after reporting results that came in ahead of analysts' forecasts.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.14 percent.
FTC returns $3M to buyers of bogus cactus juice
WASHINGTON -- Federal authorities say they are sending $3 million in checks to consumers who bought a cactus-based fruit drink from TriVata Inc. based on bogus health claims.
The Federal Trade Commission settled charges against Trivata in July alleging that the company's informercials and advertisements deceived customers about the benefits of its drink, Nopalea. The agency said it is mailing 500,000 checks to consumers. The check amounts vary per customer based on how much they spent on the company's product.
Trivita sold its beverage -- derived from nopal cactus -- in 32-ounce bottles for up to $40 plus shipping and handling. The Arizona-based company promoted the drink as relieving pain, reducing inflammation and improving breathing.
Foreign ownership of U.S. debt up; China reclaims top
WASHINGTON -- Foreign holdings of U.S. debt rose in March as China ramped up its purchases and displaced Japan as the leading owner of U.S. Treasury securities.
The Treasury Department says overseas ownership of U.S. debt rose 2.1 percent in March to $6.18 trillion. That is below January's record of $6.22 trillion.
China added $37.3 billion of Treasury debt, bringing its stockpile to $1.26 trillion. That's ahead of Japan, which added just $2.5 billion, lifting its total to $1.23 trillion.
-- From wire reports