Retail Sales And Jobless Claims Underwhelm But Stocks Stay Positive
- Thursday, January 12, 2012, 9:29
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S&P 500 futures and pre-market quotes on the SPY are about 0.3% higher Thursday morning after hitting five-month highs following European debt auctions in Italy and Spain that gave investors cause for optimism. U.S. retail sales and jobless claims were both disappointing, helping to temper the bullish tone.
http://www.forbes.com/sites/greatspeculations/2012/01/12/retail-sales-and-jobless-claims-underwhelm-but-stocks-stay-positive/