The Traderszone Network

Published in TZ Latest News 27 May, 2017 by The TZ Newswire Staff

What Investors Missed in the Market This Week

Some positive economic and consumer data hit the news cycle Friday, as both the Dow Jones Industrial Average and S&P 500 ended up 1.3% and 1.4% for the week. The latest reading of first-quarter GDP was revised higher, bouncing from 0.7% to 1.2% — still not at the level investors would like, but at least growth appears better than initially expected. Next, The University of Michigan’s consumer-sentiment rating checked in at 97.1 in May, which was a little better than expected.

read more