15 Reasons Markets Moved This Week

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Dow 12,391 S&P500 1,343 Nasdaq 2,833 Gold 1,388

Markets were up across the board again this week and the S&P 500 has officially doubled since the economic crisis intra-day low of 666. Wow.

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Now, for the 15 reasons markets moved this week:



  • Retail Sales disappointed after lots of recent juice. Wall Street doesn’t like to cool off, but the Commerce Department said retail sales rose 0.3% versus hopes for 0.5%. Although that’s still a superficial improvement, This Chart Shows Why Consumers are Depressed >>


  • Earnings keep coming in stronger. Dell (NASDAQ:DELL) got Wall Street giddy with prospective increases in business spending, bellwether teen retailer Abercrombie & Fitch Co. (NYSE:ANF) crushed earnings, Comcast (NASDAQ:CMCSA) is selling a lot more bundles, and Deere & Co. (NYSE:DE) is rocking on ag strength.



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