Stocks Gain on Economic Data, Volume Thin
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Stocks gained on Friday as investors took comfort from data showing US consumer sentiment picked up above expectations in late August, but volume was very thin before next week&#39;s Republican convention in New York City.
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US stocks traded higher on Thursday as strong durable goods data and an improvement in consumer sentiment for December signaled economic strength, but trading volumes were light before the Christmas holiday.
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Stocks were modestly higher at the opening, bolstered by hopes the economy will dodge a recession through new rate cuts and government stimulus efforts.
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U.S. stocks rose on Thursday as data  showing inflation slowed last month fed expectations that the  Federal Reserve will stick to measured interest rate hikes, but  gains were trimmed by a late spike in oil prices.
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Stocks lifted modestly after investors appeared unfazed by drops in manufacturing growth and construction spending.
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sluggish gross domestic product reading was nonetheless better than expected, prompting investors to send stocks slightly higher yesterday.
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NEW YORK - Stocks moved higher Wednesday as investors digested a jump in the second-quarter gross domestic product while keeping a close eye on falling oil prices. The tech-dominated Nasdaq composite index posted especially robust gains...
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U.S. blue-chip stocks rose on Thursday  as better-than-expected economic data and healthy company  earnings lifted the mood on Wall Street, but higher oil prices  limited the gains.
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U.S. stocks gained on Friday after  reports showed U.S. economic growth in the second quarter  matched economists' forecasts and consumer sentiment picked up  above expectations in late August, but volume was feather light  ahead of the upcoming Republican convention in New York City.
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Major indexes rose with light volume. After Tuesday's sell-off investors found value.
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U.S. stocks jumped on Friday as surprisingly strong data on home sales and durable goods orders relieved anxiety about the economy and bolstered investor confidence after weeks of market turbulence.
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Everything Wall Street has been worried about in the last week seemed to weigh less heavily on investors Wednesday, and stocks began to recover.
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Stocks jumped on Friday as surprisingly strong data on home sales and factory orders relieved anxiety about the economy and bolstered confidence after weeks of market turbulence.
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Stocks rallied in quiet trading Wednesday as lower oil prices brought out buyers, countering a pair of government reports that gave a mixed picture of the economy.
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Stocks rose soundly on Friday, capping a week of gains for Wall Street, as investors drew confidence from strong results at Oracle and a continued sense that lower interest rates should help the economy.
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Stocks rose on Monday as data on existing-home sales landed near analysts' forecasts, allowing investors to focus on the recent decline in bond yields and the Federal Reserve's next policy-setting meeting.
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A rise in technology stocks helped  boost the market on Friday, but volume was extremely thin  before next week's Republican convention in New York City.