Stocks Fight Back

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

Stocks fought their way back up a slippery slide today despite higher unemployment claims, slowing pending home sales and a disappointing read on the 4th Quarter GDP compared to 3rd quarter.  Tomorrow Consumer Sentiment, Personal Income and Spending and the core PCE (Personal Consumption Expenditure Index) will be released.  The PCE if the Fed's favorite source of measuring inflation.  The Dow closed up 109 points in a broad market advance. 

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Rainer
248,050
Gerard Gilbers
Higher Authority Markeing - Asheboro, NC
Your Marketing Master

It is interesting that the stocks went up with such disappointing news so they must think tomorrow's news should be better than expected.

Jan 30, 2014 07:43 AM #1
Rainmaker
2,562,940
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.

Speaking of a roller coaster the stock market is one I will stick with houses myself

Jan 30, 2014 09:33 AM #2
Rainmaker
1,073,812
Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

The stock market seems to have a mind of its own these days!

Jan 30, 2014 11:25 AM #3
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