U.S. Economic growth remains worrying

1st August, 2016 by

By scott miller

A strong month for stocks closed with a soft week as investors weighed the Federal Reserve’s latest decision to stand pat. Last week also brought mixed earnings reports and some downright disappointing news about United States economic growth. Overall, in a month when the Brexit might have sent stocks plummeting, the Dow Jones Industrial Average rose 2.8 percent while reaching a new high seven times; the S&P 500 climbed 3.6 percent and matched the Dow with seven record closes; and the Nasdaq, though still short of its all-time mark, soared 6.6 percent. The yield on the 10-year Treasury fell last …

Source:: Vail Daily Feed



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