Initial Jobless Claims fell 12,000 to 365,000 still above the 350,000 recessionary threshold. Non-manufacturing ISM came in at 53.7 in August, just above expectations. The Dow Jones Industrial
First Quarter Productivity fell more than expected, down 0.9% with labor costs up 1.3%. The Federal Reserve’s “beige book” of regional economic activity showed consumer spending was
The Dow Jones Industrial Average traded around the 12,900 mark between 12,846.41 and 12,924.71. The NASDAQ stayed above 2900 in a range and was trading above 2930 going into the final half hour of
U.S. stocks fell after the three major credit ratings agencies issued new warnings that European leaders have failed to take the coordinated action necessary to tackle the region's debt crisis.
The S&P/Case–Shiller 20-City Home Price Index rose by 1% in May, but showed a year over year decline of 4.5%. The Conference Board’s measure of Consumer Confidence remains weak in July at
