Consumer confidence rise bolsters markets
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NEW YORK A sharp jump in US consumer confidence pushed stocks higher Tuesday, offsetting concerns about the weakening dollar overseas.
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U.S. consumers have grown more cheerful so far this month as the hotly contested presidential election drew to a close and job prospects seemed to improve, according to a survey released on Friday.
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A strong rise in the latest measure of US consumer confidence has boosted stock prices on Wall Street. The consumer sentiment index published by the private-sector Conference Board has registered its biggest increase in 14 months.
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Stocks rose on Friday after data  showed U.S. industrial production growth in December exceeded  analyst estimates and wholesale inflation had a  sharper-than-expected drop, boosting investor confidence in the  economy.
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American consumers grew more confident in December despite underlying concerns about the health of the economy, the Conference Board reported.
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Consumer confidence bounced back unexpectedly in May, despite higher gasoline prices that could raise shoppers' worries about inflation, a private research group said Tuesday.
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NEW YORK Wall Street resumed its year-end rally yesterday, bolstered by a new report that showed consumer confidence had jumped sharply in recent weeks.
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Consumer confidence rebounded sharply in December, reversing four months of declining sentiment and adding to the momentum of the economic expansion.
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UK business confidence is increasing despite higher interest rates, a survey by accountants KPMG finds.
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U.S. stocks strengthened on Tuesday on  sharply stronger consumer confidence data and gains in Internet  stocks following a brokerage's upgrade of Web retailer  Amazon.com Inc. AMZN.O.
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U.S. stocks rose on Friday after data showed consumer prices were unexpectedly flat in November, boosting optimism that economic growth is neither too fast nor too slow.
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Stocks rose on Tuesday, helped by another round of proposed takeovers and a report showing a stronger-than-expected reading in consumer confidence.
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Stocks rose on Thursday and the Dow climbed to an intraday record after major retailers issued reassuring monthly sales figures and outlooks, a sign consumer spending will continue to support economic growth.
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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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Consumer confidence bounced back unexpectedly in May, helped by optimism about the job market.
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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. 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.