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Wednesday - May 22, 2013

Tuesday - May 21, 2013

Monday - May 20, 2013

NEW YORK — A reminder that the economy still remains a long way from being fully healed after the Great Recession put the brakes on a January rally that has pushed stocks close to record levels. The Standard & Poor's 500 logged its biggest drop of the year.

Stocks started the day lower after a report showed that the U.S. economy unexpectedly contracted in the fourth quarter. That decline extended after the Federal Reserve said it would continue its bond-buying program to boost growth.

The Dow Jones industrial average fell 44 points, or 0.3 percent, to close at 13,910.42, logging only its second decline in nine days. The Standard & Poor's 500 fell 6 points, or 0.4 percent, to 1,501.96, its biggest decline since Dec. 28. The Nasdaq composite fell 11 points to 3,142.31.

Stocks remain on track for a great January.

The Dow Jones average has surged 6.2 percent since the start of the year, climbing close to 14,000 and within touching distance of its record level. The S&P 500 has gained 5.3 percent this month, close to its highest level in more than five years.

1. Digital medical-record use continues to rise
2. Highmark faces lawsuit that alleges it conspires to inflate premiums
3. Highmark won’t take claims from new center
4. Watch out for ‘cramming’ on your cellphone bill
5. Chrysler CEO sorry for ethnic slur
6. BNY Mellon to hire 100 to help investors with wealth management
7. Rue21 to be taken private in $1.1B deal
8. UPMC will cut 100 transcribers’ jobs
9. More teens turn from Facebook to Twitter
10. Home sales highest in 31⁄2 years
11. Fed uncertain when to end stimulus

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