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Daily Data Flow

Macy’s Leads Retail Rally to Push S&P 500 to Record High

Holiday shopping season optimism was bolstered after Macy’s beat earnings expectations, triggering a retail rally that led to a new record high for the S&P 500.

[Marriner S. Eccles Federal Reserve Board Building]

Improving Economy Raises Fed Tapering Fears

U.S. stocks fell today, but positive earnings reports and an overall improving economy have investors worried that the Federal Reserve will begin tapering its stimulus in the near future.

Investors Concerned about GDP Growth

Economic growth beat estimates, leading investors to worry that the Federal Reserve could begin tapering its stimulus sooner than expected. This concern dragged the S&P 500 down in its biggest loss in two months.

Dow Jones Reaches Record Closing Value

U.S. Federal Reserve officials confirmed further stimulus efforts due to current economic weakness, causing investors to enter the markets and pushing the Dow Jones Industrial Average to a new record closing high of 15,746.88.

Stocks Fall as Investors Wait for Data

Stocks fell today as investors hesitated to inject more money into the markets while waiting for the release of this week’s economic growth and jobs data.