Less
More
-
Posts: 62472
-
Thank you received: 36
-
-
25 Nov 2014 16:57 #225307
by chairman
(Reuters) - U.S. stocks ended little changed on Tuesday as the U.S. economy grew more than expected last quarter but soft readings on consumer confidence and house prices kept major indexes in a tight range.
Third-quarter gross domestic product came in much stronger than expected but separate data showing consumer confidence sliding to a five-month low and a further moderation in house price gains put a lid on the market's advance.
The moves did not show much conviction in either direction and volume was low, with about 6.1 billion shares traded, below this month's daily average of 6.36 billion. U.S. markets will be closed on Thursday, while Friday will be a half-day session.
"We did get that great GDP number … noting earth-shattering but confirmation the U.S. economy is really doing well and firing on all metrics," said Jeff Kravetz, regional investment director at U.S. Bank Wealth Management in Phoenix.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
cricketwindies.com/forum/
Please Log in or Create an account to join the conversation.
-
Forum
-
Political Opinions, Commentaries on Current Issues
-
The Water Cooler!
-
Wall Street ends little changed after mixed data batch
Time to create page: 0.204 seconds