Daily Data Flow
Daily Data Flow: U.S. Economy Shrinks; Fed Continues Stimulus;Dollar Hits Low against Euro
From October through December 2012, the U.S. economy experienced its first shrinking since the end of the recession. Responsible are the largest defense spending cut in 40 years, reduced exports and slow growth in company stockpiles.
Daily Data Flow: Dow Hits Five-Year High; Consumer Confidence Down; Amazon Going Strong
Rising U.S. stocks allowed the Dow Jones Industrial Average to gain 73.03 points, 0.5%, to climb to 13,954.96, its highest level since October 2007. The S&P 500 also rose 0.5%, reaching 1,507.88.
Daily Data Flow: S&P Winning Streak Best Since 2004; Home Builders Try Apartment Rentals; Euro Hits 11-Month High
Demonstrating the continuing rise of the economy from the depths of the Great Recession, profits in U.S. stocks today led the S&P 500 to its longest winning streak since 2004.
Daily Data Flow: Apple Distracts from S&P; Jobs Numbers Improving; Yen Slumps
Apple (AAPL), in the midst of its worst slump in four years, overshadowed forecast-beating earnings elsewhere in the technology sector. Meanwhile, the S&P 500 changed little after passing 1,500 early today.
Daily Data Flow: Debt Vote Raises Stocks; Remodeling’s Rise; Euro Crisis Impacts Forecasts
Technology stocks’ earnings beat their forecasts, and lawmakers temporarily suspended the federal debt limit. As a result, U.S. stocks rose and benchmark indices hit five-year highs.
Daily Data Flow: Debt Ceiling Talks Raise Stocks; CEOs Uncertain; Yen Falls
With the S&P 500 hitting another 5-year high, U.S. stocks rose today. Next week, House Republicans intend to vote on a temporary debt-limit increase.