Business Today: S&P 500 eases, ends longest winning run in eight years

	Click to View in Browser 01/28/2013 S&P 500 eases, ends longest winning run in eight years NEW YORK (Reuters) - The S&P 500 eased slightly on Monday after an eight-day run of gains, while the Nasdaq edged higher as Apple shares rebounded. Gauge of U.S. business spending plans edges higher WASHINGTON (Reuters) - A gauge of U.S. business investment plans improved in December, a sign companies were betting the economy will pick up despite fears over tighter fiscal policy. Pending home sales take a breather in December WASHINGTON (Reuters) - Contracts to buy previously owned homes unexpectedly fell in December after three months of gains, an industry group said on Monday, but the housing market recovery remains intact. ICE's CEO says has fielded calls about selling Euronext MIAMI BEACH, Florida (Reuters) - IntercontinentalExchange Inc has received inquiries from rivals interested in buying NYSE Euronext's European stock exchanges once ICE completes its planned purchase of the New York-based exchange operator, ICE's chief executive said on Monday. Analysis: Stuck in reverse, Detroit edges closer to bankruptcy DETROIT (Reuters) - At the Detroit Auto Show earlier this month, luxury was in the air. Pricey new Bentleys and Maseratis glittered - including a Maserati 2014 Quattroporte with a $132,000 price tag; U.S. Cabinet Secretaries and dignitaries rubbed shoulders; and many of the well-heeled attendees ponied up for a $300-a-ticket black-tie charity ball. Airbus warned of lithium battery risks a year ago: presentation PARIS/DETROIT (Reuters) - Airbus warned the airline industry of risks related to lithium batteries almost a year before two safety incidents grounded 787 Dreamliners built by its chief rival Boeing , according to a presentation seen by Reuters. Inventories, trade seen hobbling fourth-quarter GDP WASHINGTON (Reuters) - Less restocking by businesses and weaker global demand likely held back economic growth in the fourth quarter but consumer spending probably picked up to help keep the recovery intact. Caterpillar sets cautious tone for year after low profit (Reuters) - Caterpillar Inc , the world's largest maker of construction equipment, posted a 55 percent drop in quarterly profit on Monday and set a cautious tone for the year, citing weak demand and oversupply. Moody's cuts ratings of six Canadian lenders (Reuters) - Moody's Investors Service has cut the ratings of six Canadian financial institutions, including the previously "Aaa" rated Toronto-Dominion Bank, due to concerns about rising consumer debt and high housing prices. Italy's Monte Paschi finds no evidence of takeover bribes MILAN (Reuters) - Italy's troubled Monte dei Paschi bank said on Monday it had no evidence of bribery in a 2007 takeover now under scrutiny over alleged corruption, but acknowledged accounting irregularities over derivatives deals under previous management. Related Video IPad gets a set of wheels Israeli FinMin: Deficit pressure could force defense cuts Economic News Gauge of U.S. business spending plans edges higher Inventories, trade seen hobbling fourth-quarter GDP 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