Posted by & filed under Part 6 Managing Financial Resources.

Description:  U.S. stocks rose for a third week, sending the Standard & Poor’s 500 Index to a two-year high, as stronger-than-estimated data on retail sales, manufacturing and housing boosted confidence in the economic recovery.

Source: Businessweek.com
 
Date: 12/18/2010

Link: http://www.businessweek.com/news/2010-12-18/u-s-stocks-rally-a-third-week-on-earnings-economic-data.html

Questions for discussion: 

  • Summarize the highlights of this report.
  • Why has the stock market performed well recently?
  • Do you think the stock markets will continue their recent trends into 2011?

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