U.S. -- The markets are in positive territory this midday. Investors appear to be refraining from any massive selloffs or purchases as they weigh a gloomy economic outlook.

The Labor Department announced that wholesale prices had a record fall during October.

On a positive note, computer giant Hewlettt Packard is projecting a better than expected fourth quarter outlook.

And InBev closes on a $52 billion takeover of Anheuser-Busch, the parent company of Budweiser.