Consumer confidence soars past forecasts; crude higher
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NEW YORK (CBS.MW) -- US stocks were back in rally mode Tuesday, with all three of the major indexes marking fresh 42-month highs on news of a surge in consumer confidence to its best levels since July.
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NEW YORK: Wall Street resumed its year-end rally on Tuesday, bolstered by a new report which showed consumer confidence had jumped sharply in recent weeks.
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US stocks were higher on Wednesday even as crude oil prices touched a record at over $52 per barrel, which helped boost energy shares.
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Consumers are more confident about the state of the US economy than at any time in the past five months, new data suggests.
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Consumer confidence bounced back unexpectedly in May, helped by optimism about the job market even as shoppers' concerns about gasoline price-driven inflation increased
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New York (dpa) - Buoyed by a five-month high in consumer confidence, stocks rose Tuesday on Wall Street amid new signs of spreading optimism heading into the new year.
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An index of consumer confidence in the United States jumped more than forecast in May, signaling consumers will continue to spend in the face of record gasoline prices and a slumping housing market.
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U.S. consumer confidence rose in  January after improving in December, as consumers registered  greater satisfaction with the short-term outlook for the  economy than its longer-term prospects, a private business  group said.
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NEW YORK - Another jump in oil prices pre-empted a strong rally on Wall Street Tuesday, though stocks managed to post modest gains on the strength of a consumer price report that put many investors' inflation fears to rest for the near term.    The three major indexes all finished the session higher, showing resiliency in the face of a new record high in oil futures fueled by continuing problems for Russian oil giant Yukos...
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The pound firmed following a slightly stronger than expected consumer confidence reading.
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NEW YORK Stocks moved mostly higher Friday as a stronger-than-expected retail sales report showed that record oil prices had not scared consumers away from spending.
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U.S. consumer confidence grew to a five-month high in December, bolstered by improved employment opportunities and cheaper energy, according to a report released on Tuesday.
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U.S. retail sales rose modestly as expected last month, but the underlying message from the consumer was strong at the start of the fourth quarter after record oil prices failed to deter shoppers.
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U.S. crude oil supplies rose more than  expected last week as imports surged to their second highest on  record, the federal government said on Wednesday.
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A widely watched indicator of consumer confidence jumped in December, reversing four months of declines and reaching the highest level since July, a private research group reported Tuesday.
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NEW YORK -- Stocks pushed higher Tuesday, lifting the Dow Jones industrials to their high for the year, as investors focused on improved consumer confidence and regional economic figures rather than further evidence of weakness in the housing sector. In midafternoon trading, the Dow rose to its high...
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U.S. stocks rose on Tuesday, pushing   the Dow Jones index to its second-highest close ever, as an   unexpectedly big jump in consumer confidence eased investor   concerns about the effect of slowing economic growth on   corporate profits.