Money & Markets modules for Friday, Oct. 19
TODAY
Synchrony Financial and Procter & Gamble report quarterly results. The National Association of Realtors issues its September tally of U.S. home sales.
SPOTLIGHT
Activision Blizzard slumped after the video game maker released an update on sales of its latest "Call of Duty" game.
CENTERPIECE
Stocks fall. This is normal.
If this past month's tumble for stock prices shocked you, it's time to adjust your expectations. Volatility like this is normal, and the price investors must pay in order to get the big long-term returns that stocks have historically provided.
STORY STOCKS
Snap-On (SNA)
Textron (TXT)
Alcoa (AA)
Philip Morris (PM)
Activision Blizzard (ATVI)
Citigroup (C)
Microchip Technology (MCHP)
Acadia Healthcare (ACHC)
FUND FOCUS
Fidelity Investment Grade Bond (FBNDX)
Morningstar says this fund is "nimbly implemented" by "long-tenured" managers. Its price is fair and its approach is "applied consistently."
For questions about Money & Markets modules, please contact Greg Keller (212-621-7958). For technical support: contact Todd Balog (816-654-1096). After 6 p.m., contact the AP Business News desk (800-845-8450, ext. 1680) for content questions; 1-800-3AP-STOX for technical support and 212-621-1905 for graphics help. The Money &Markets digest can also be found at www.markets.ap.org.
Disclaimer: This is unedited, unformatted feed from the Associated Press (AP) wire.
