24/7 Wall St. Closing Bell — August 14, 2012: Markets Mixed Ahead of Tomorrow’s Inflation Report (GRPN, WEN, MCP, EXPE, VALE, IAG, DKS, HD, KIOR, KORS, SKS, EL, TJX, JDSU, PEIX, PAAS, ANF, A, CSIQ, DE, SPLS, TGT, ASTI)
Filed under: Investing
The three major US stock indexes opened higher this morning following data showing that GDP in several countries grew better than expected (more coverage here). Which indicates that if the bar is set low enough, jumping over it is sometimes easier than crawling beneath it (more coverage here). Asian markets responded positively to the European GDP data, and most finished their day higher. July retail sales were better than expected, but the PPI showed an unexpected rise in inflation as well…
24/7 Wall St. Closing Bell — August 14, 2012: Markets Mixed Ahead of Tomorrow’s Inflation Report (GRPN, WEN, MCP, EXPE, VALE, IAG, DKS, HD, KIOR, KORS, SKS, EL, TJX, JDSU, PEIX, PAAS, ANF, A, CSIQ, DE, SPLS, TGT, ASTI) originally appeared on DailyFinance.com on 2012-08-14T16:48:00Z.
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