Stocks post another strong week

Stocks post another strong week
Local News

By scott miller

EAGLE COUNTY — Despite some reservations about the economy — and disappointing reports on retail sales and manufacturing — stocks had another strong week. The Dow Jones Industrial Average moved back within hailing distance of the 18,000-point mark for the first time this year. Investors were also heartened late in the week as some of the nation’s biggest banks posted second-quarter earnings that were not as bad as expected and also showed an upswing in both consumer lending and private banking. At the same time, there was modest upward pressure on interest rates as the Treasury Department auction three-, 10- …

Source:: Vail Daily Feed