Stocks little changed as investors took a pause with the three major indexes at their highest levels since early May. Europe's debt problems haven't shown much improvement, with worries about Spain needing a bailout keeping invests on edge. McDonald’s fell 1.7% after it reported same-store sales were flat, sales in Europe fell 0.6% last month amid weakness in Germany and southern European markets. Hewlett-Packard, Rackspace and Computer Sciences were among the notable tech-sector gainers as those companies issued either upbeat earnings results or forecasts. However, gains were offset by a drop in the online travel sector, as Priceline and Orbitz both issued disappointing forecasts that reflected growing economic woes across the globe. H-P rose 2.4%, while Priceline shed 17.3% and Orbitz lost 25.5%. Also, Zynga gave up 2.7% as the company said that Chief Operating Officer John Schappert has resigned, effective immediately. Implied volatility inched lower on modest trading volumes.
