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Consumer Confidence Boosts Stocks

By
Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

After three days of setbacks due to the uprising in Libya, stocks were able to make back some of their losses today.  Oil futures finally stopped raging late yesterday which created some stabiity in the market.  As you know markets do not like uncertainty, so a little comparative moderation has a soothing effect.  Although oil futures did rise $12. for the week, strong consumer sentiment allowed stocks to advance. 

Comments (1)

Henry Pailles
Chula Vista Realtor,Short sale,Eastlake Real estate,Realtor - Chula Vista, CA
San Diego Real Estate, San Diego Realtor, Chula Vista Real Estate

Ain't life great?

I hope events in Libya will work for the best, I am afraid of the Muslims expanding but can't say I am not happy for the Libyans, it is good to see democracy finding its way

Feb 25, 2011 10:38 AM