The Dow Jones Industrial Average
In other news, Apple
A number of economic reports in addition to the Case-Shiller Index showed promising signs. Personal income grew by 0.5%, slightly higher than expected; the Chicago PMI registered 1 point ahead of expectations at 53.7, and consumer confidence rose for the first time in five months, up to 65.9 from 62.7. Analysts had been expected a reading of just 61.0. Investors seemed unfazed by the good news, however.
Looking ahead to tomorrow, market-watchers will hear updates on construction spending, vehicle sales, and the all-important Fed announcement at 2 p.m. ET on whether there will be another round of quantitative easing.
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