Stocks mixed after hitting two-year highs

NEW YORK (AP) — Wall Street is opening quietly a day after major indexes hit two-year highs.

No major corporate earnings announcements are on the day’s schedule.

The Conference Board will release its November index of leading economic indicators this morning. Economists expect it to rise 1.1 percent, signaling that the economy is growing.

The House passed an $850 billion tax cut package late Thursday.

European stocks are down 0.5 percent after Moody’s cut Ireland’s bond rating by five notches.

In early trading, the Dow Jones industrial average fell 15 points, or 0.1 percent, to 11,484. The S&P 500 fell 1 point, or less than 0.1 percent, to 1,242. The Nasdaq composite index rose 5, or 0.2 percent, to 2,643.