Global stocks were lower again on Wednesday while crude oil prices staged their biggest rebound in more than 2 ½ years. [Read more…]
U.S. stocks closed mixed on Tuesday, with the large-cap indexes lower and small-cap and technology barometers higher to start September. [Read more…]
The Good: U.S. economic data released this past week were almost uniformly good, indeed, better than expected in most cases. The Atlanta Federal Reserve’s “GDPNow” rules-based GDP forecaster has bent up from an early August indication of 2.6% GDP growth for the third quarter of 2014 to more than 3.0% last week, largely on improvements in wholesale and international trade, industrial production and housing starts.