November 24, 2009
Wall Street was able to withstand the onslaught of economic data to finish near the highs of the day. GDP revision to the downside was not a surprise as many expected the revision to come in at 2.8%, but the story was how 2.8% achieve. With consumer spending down .5% it was mostly government borrowing [...]
Economic Data Dominates Morning Trade as Stocks Close Lower
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