Via Fox Business, but they’re clearly biased. They would never want to report anything unfavorable to this administration, right? So it’s all good economic news all the time from them. Oh, but I kid the Foxers…
Via a couple of email alerts:
New claims for unemployment benefits fell by 12,000 to 334,000 last week. Claims were expected to fall to 345,000 from 346,000 the week prior.
The Commerce Department reports retail sales ticked up 0.6% in May from April, beating expectations of a 0.4% rise. Core sales, which excludes automobiles, gasoline and building materials, increased 0.3%.
Yet another Fox Biz email alert just popped up in my inbox at the time of this writing:
The Dow is up 114 points, or 0.76%, while the S&P 500 is up close to 1%.
Update, just prior to posting. The Dow is now up 157, the S&P 20, Nasdaq 37.