воскресенье, 4 марта 2012 г.

US stocks fluctuate after weak Philadelphia manufacturing report

Stocks fluctuated Thursday, dipping in and out of positive territory, after a regional manufacturing report pointed to slumping U.S. demand and rising prices.

Another report, from a private business group, said its forecast of future economic activity ticked higher by 0.1 percent in May. The findings from the New York-based Conference Board were in line with expectations but indicated that the economy is slack.

The manufacturing picture from the Philadelphia Federal Reserve stirred some concern that a drop in demand and increases in prices for commodities like oil are buffeting some businesses.

The reports ultimately did not give investors much …

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