Stocks mixed after weak economic data
11:40 am ET Apr 30, 2007
DJIA
13,129
+8.78
S&P
1,493
-0.15
NASDAQ
2,551
-5.64
10Yr
4.63%
-0.064
Stocks mixed after weak economic data
NEW YORK
U.S. stocks were mixed on Monday, as investors weighed a slew of data
revealing not only tame inflation but also weak spending, manufacturing
and construction data, while upbeat earnings from Verizon Communication
and a share buyback from Merrill Lynch failed to provide much support.
Economic Report: U.S. consumer spending sluggish in March
WASHINGTON
Consumers may have come into March roaring like lions but they certainly
left the month like lambs.
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