Dow Closes Up More Than 600 Points on Retail Spending Data
21 Articles
21 Articles
Stocks End Higher on Wall Street, Still Down for the Week
Wall Street capped a week of losses with a broad rally for stocks Friday, as investors welcomed solid earnings from big companies and an encouraging report on consumer sentiment and inflation expectations. A July survey from the University of Michigan showed that inflation expectations have held steady or improved, along with general consumer sentiment. The report was welcome following several government reports this week that showed consumer pr…
Dow Closes Up More Than 600 Points on Retail Spending Data
U.S. stocks rebounded Friday, capping a volatile week during which investors tried to reconcile a flurry of corporate-earnings reports and economic indicators that at times appeared to offer conflicting narratives on the economic outlook.
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