2 Stocks Leading the Dow Higherhttp://www.fool.com/investing/general/2012/10/15/these-stocks-are-leading-the-dow-higher-13.aspx Dan Dzombak
October 15, 2012
There were two U.S. economic releases this morning, which proved mixed for stocks.
The first economic release was the U.S. Department of Commerce's advance report on monthly retail and food-service sales. Retail sales rose 1.1% in September. That's slightly slower than August's 1.2% rise but better than analyst expectations of 0.9%. Year over year, retail sales are up 5.3%.
The second economic release was the Manufacturing and Trade Inventories and Sales report, which showed that inventories rose 0.6%. That's down from July's 1.1% growth in inventories. The slowing growth in inventories reflects the strengthening retail sales, as higher sales leads to less product on st