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Update: Major Indexes Higher After Strong Consumer Confidence Data
Updated from 10:22 a.m. ET
The consumer confidence index
rose to a reading of 117 in March, a surprisingly high number that was well above the upwardly revised 109.2 in February.
Economists were expecting the index to come in at 104.5. Last month, the index had been 106.8 before the revision.
The major market indexes moved higher after the figures were released, with the Dow Jones Industrial Average gaining 129.55 points, or 1.3%, to 9817.08. The Nasdaq Composite rose 55 points, or 2.9%, to 1973.40, and the Standard & Poor's 500 index was up 17.34 points, or 1.5%, to 1170.03. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,308.26 | 1,096.07 | 2,180.05 | 34.87 |
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