Consumer Confidence

U.S. consumer confidence soared to its highest level since July 2021, according to data issued Tuesday by The Conference Board, driven by a strong job market and a steady decrease in inflation. Consumer Confidence Jumps: The Consumer Confidence Index rose to 117 in July, a significant jump from 110...

On Friday, May 12, at 10 a.m. ET, the University of Michigan will release the preliminary estimate of the May Consumer Sentiment Index.  The consensus among economists forecasts a marginal drop in the consumer sentiment indicator from 63.5 in April to 63 in May. ...

As of early Friday, the University of Michigan announced the preliminary results for October’s Surveys of Consumers. What Happened: The index for consumer sentiment and current economic conditions slightly rose by 2% and 9.4% month-over-month, respectively. This can be attributed to a 23%...

The Past Week, In A Nutshell What Happened: After the abrupt rotation into value and small-cap stocks on the procurement COVID-19 coronavirus vaccines and news of further lockdowns, broad-market indices ended flat-to-down. Remember This: “Historically the overall retail investor sentiment or...

The U.S. election is over with and the Dow Jones Industrial Average is flirting with the 20,000 mark. Gas prices remain relatively low compared to what they were at a few years ago. With that said, the consumer must be in a confident mood and spending the big bucks this holiday season. Right? Not...

The U.S. government announced on Friday non-farm payrolls for the month of October rose 161,000, falling short of the 178,000 figure experts were expecting. However, the numbers were higher than the prior reading of 156,000, which was revised this month higher to 191,000. Benzinga had an...

Consumer spending for the month of September rose 0.5 percent from a month earlier, which exceeded the 0.4 percent growth economists surveyed by the Wall Street Journal were expecting. The Wall Street Journal further noted that personal-consumption expenditures rose at a 2.1 percent pace in the...

According to Robert Drbul of Nomura, the consumer is in a "better position to spend." Drbul added low gas and oil prices will also leave consumers with ‘extra cash to spend' and the low-income consumer should "continue to benefit." The analyst named Amazon....

U.S. stocks continued to charge forward as the Dow closed above the 17,000 mark as consumer confidence rose more than expected in October. The Federal Reserve gathered Tuesday and will release a statement on Wednesday at 2:00 p.m. ET. It is not a foregone conclusion that the Federal Reserve...

U.S. stocks rose, lifting the Dow to new historical all-time highs of 17,153.80 following a better than expected rise in orders of durable goods. Consumer confidence improved in August, helping market sentiments while investors and traders placed less emphasis on a report that home prices are...

U.S. stocks fell as the Dow dipped below the 17,000 marks as geopolitical concerns become a main focus. In a televised statement, President Obama said the United States will expand on sanctions meant to hurt Russia's energy, defense and financial sectors. The move follows Russia's...

A number of key economic reports were released on Tuesday, including the Case-Schiller 20-city Index, new home sales, and consumer confidence data. Many of the stocks that moved based on these reports will likely continue to be attractive names to trade throughout the rest of the week. The...

U.S. stocks declined as the recent round of violence in Iraq may have escalated following reports that Syrian warplanes conducted raids in western Iraq, killing at least 50 people. The CBOE Volatility Index, also referred to as the "fear index", rose more than ten percent, trading...

ETF Outlook for Tuesday, June 24, 2014 (UAE, XRT SPY, CU, FCX iShares MSCI UAE Capped ETF (NASDAQ: UAE) The Dubai stock exchange crashed last night with an 8 percent loss, putting the Middle East stock market firmly into bear market territory. This comes one year after Dubai was one of the top...

U.S. stocks rose on a light volume trading session following a three day weekend. Regardless, the S&P 500 index hit a new intraday all time high of 1,912.28. Tuesday's trading session saw the release of mostly positive economic data including durable goods and the S&P/Case-Shiller...