Stocks Little Changed After Mixed Economic Data
US Stock Markets are trading near the flat line today after several pieces of economic data provided a mixed picture of the economy.
New home sales were slightly up in August but the results were below expectations. Some analysts see this disappointment as the ending of the $8,000 home buyer tax credit tailwind.
Durable Goods orders were light and also below expectations.
On the positive side of things, consumer sentiment rose to the highest level since January 2008.
As of 11:25am EST the S&P 500 was down 0.23% while the NASDAQ was down 0.46%.
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Posted-In: Consumer Sentiment Economic Data Home Sales Stock Market UpdateIntraday Update Markets
