Daily Investor Briefing: Dow, S&P 500 end at record highs; BoJ...

	Click to View in Browser 10/31/2014 Dow, S&P 500 end at record highs; BoJ move adds fuel to rally NEW YORK (Reuters) - The Dow and S&P 500 ended at record highs on Friday and indexes posted strong gains for a second week after the Bank of Japan's surprise move to ramp up its stimulus program. U.S. consumer spending falters; wage gains highest since 2008 WASHINGTON (Reuters) - U.S. consumer spending fell for the first time in eight months in September, suggesting the economy lost some momentum heading into the fourth quarter. U.S. consumer sentiment at highest since July 2007 NEW YORK (Reuters) - U.S. consumer sentiment rose in October to its highest level since in more than seven years on growing optimism about the economy and more favorable personal financial expectations, a survey released on Friday showed. Exxon, Chevron results boosted by refining as oil prices slip (Reuters) - A surge in refining profits boosted quarterly results at Exxon Mobil Corp and Chevron Corp , helping to offset declining oil and gas production and falling crude oil prices. Top U.S. oil companies see more pressure to clamp down on spending HOUSTON (Reuters) - Top U.S. oil producers, which already were reining in spending before crude prices started to slip in June, are now looking to trim more fat from their budgets while reminding investors they must spend to grow. UBS cannot arbitrate vs Nasdaq over Facebook IPO: court NEW YORK (Reuters) - A divided U.S. appeals court rejected UBS AG's bid to force Nasdaq OMX Group Inc to arbitrate a dispute over the exchange operator's alleged "catastrophic mismanagement" of Facebook Inc's $16 billion initial public offering. Dollar General extends tender offer for Family Dollar shares again (Reuters) - Dollar General Corp extended its tender offer for shares of Family Dollar Stores Inc to Dec. 31, until after a shareholder vote that will decide the fate of a rival bid by Dollar Tree Inc . Canada willing to take action against U.S. over meat labeling TORONTO (Reuters) - Canada will pursue "any and all remedies" to pressure the United States to drop regulations on meat labeling that Canada considers discriminatory, the country's trade minister said on Friday. U.S. Fed awards most reverse repos in over four weeks NEW YORK (Reuters) - The U.S. Federal Reserve awarded $186.28 billion in fixed-rate reverse repurchase agreements on Friday, the highest amount in more than four weeks, due to strong investor demand for ultra short-dated, risk-free assets at month-end. Japan's central bank shocks markets with more easing as inflation slows TOKYO (Reuters) - The Bank of Japan shocked global financial markets on Friday by expanding its massive stimulus spending in a stark admission that economic growth and inflation have not picked up as much as expected after a sales tax hike in April. Related Video Starbucks to begin delivering coffee in late 2015 Protests stall Hungary's internet tax Related News Trial of former UBS executive dredges up Swiss banks' shady past Stock funds worldwide attract $20.4 billion inflows in latest week: BofA A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend