https://personal.vanguard.com/us/insights/article/economic-week-review-07012011
Economic Week in Review: Uncertainty deepens consumer angst
July 01, 2011
As the economic news turned grim in recent weeks, confidence dipped and consumers gripped their wallets more tightly, as illustrated by the past week's economic reports. Despite the week's bleak economic news, the stock market recorded impressive results. For the week ended July 1, the S&P 500 Index rose 5.6% to 1,340 (for a year-to-date total return of about 7.6%). The yield of the 10-year U.S. Treasury note rose 34 basis points to 3.22% (for a year-to-date decrease of 8 basis points).
Consumers curb discretionary spending
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