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With millions of stimulus checks going out to taxpayers, Wall Street wants to know where that money will be spent _ and this week’s data could help investors gauge the mind-set of the average consumer.
Stocks have ended the week narrowly mixed following another spike in oil prices and a surprise jump in home construction.
Stocks gave up early gains to trade mixed Friday as investors balanced concerns about rising oil prices with a surprise jump in home construction.
Stocks that are moving substantially or trading heavily Friday on the New York Stock Exchange and Nasdaq:
Wall Street pulled back Friday as enthusiasm over a surprise uptick in home construction gave way to renewed concerns about how consumers will fare as oil pushes to fresh highs. The Dow Jones industrial average at times was down nearly 100 points.
Stocks slipped Friday as investors’ nervousness over a fresh record for oil prices dented enthusiasm over a surprising jump in new home construction.
Stocks are little changed in early trading Friday as investors digest new record highs for oil and a surprising jump in new home construction.
Wall Street is headed for a higher opening after the Commerce Department issued a better than expected report on housing starts.
Wall Street was headed for a modestly higher open Thursday as investors awaited data on new home construction last month.
The stock market notched its second straight daily advance, with investors assuaged by a pullback in oil prices and some better-than-expected economic data.
Wall Street moved higher Thursday after a batch of reports pointed to an economy that is hurting, but not experiencing as rough a time as many investors expected after the near-collapse of the mortgage market.
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