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Vanguard Weekly

By: Zimbler0 in POPE | Recommend this post (0)
Sun, 18 Mar 12 5:29 PM | 49 view(s)
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https://personal.vanguard.com/us/insights/article/economic-week-review-03162012

Economic Week in Review: Retail sales spring higher
March 16, 2012

Hopes that the recovery is gaining strength were bolstered by encouraging retail sales data. Although warmer-than-usual weather across much of the nation may have triggered some earlier-than-usual spring spending, investors took heart that a stronger recovery may be finally blooming. For the week ended March 16, the S&P 500 Index rose 2.4% to 1,404 (for a year-to-date total return—including price change plus dividends—of about 12.2%). The yield on the 10-year U.S. Treasury note rose 27 basis points to 2.31% (for a year-to-date increase of 42 basis points).

Consumer spending warms up

(Article does continue. Zim.)




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