REUTERS/Peter Andrews
The stock market is now on a nice three-day winning streak.First, the scoreboard:
Dow: 15,024.2, +114.3, +0.7%S&P 500: 1,613.2, +9.9, +0.6%NASDAQ: 3,401.8, +25.6, +0.7%And now, the top stories:
Overall, the economic data today was encouraging.Personal income jumped 0.5% in May, beating expectations for a modest 0.2% gain. Personal spending climbed by 0.3% during the period, which was right in line with expectations. The saving rate improved to 3.2% from 3.0% in April.Initial weekly jobless claims fell to 346,000 from 355,000 a week ago. The reading was right in line with expectations, and it was a welcome improvement.Pending home sales surged 6.7% month-over-month in May, crushing expectations for a 1.0% gain. "Even with limited choices, it appears some of the rise in contract signings could be from buyers wanting to take advantage of current affordability conditions before mortgage interest rates move higher," said the National Association of Realtors' Lawrence Yun.As the stock market rallied in the wake of the encouraging economic data, gold extended its epic meltdown. Today, we saw gold fall below $1,200 for the first time since 2010. It got as low as $1,198 before recovering some of its losses.Don't Miss: MORGAN STANLEY: These Are The 7 Most Attractive Stocks In America »BI Intelligence, a new subscription research service from Business Insider, provides in-depth insight, data, and analysis of the mobile industry.
Access all reports, research updates, presentations, data and chart libraries plus much more with your free trial.
Click here to start your subscription>> Follow Closing Bell and never miss an update! Get updates in your Facebooknews feed.Get updates in your inbox.
Industry Accounting Airlines/Aviation Alternative Dispute Resolution Alternative Medicine Animation Apparel & Fashion Architecture & Planning Arts and Crafts Automotive Aviation & Aerospace Banking Biotechnology Broadcast Media Building Materials Business Supplies and Equipment Capital Markets Chemicals Civic & Social Organization Civil Engineering Commercial Real Estate Computer & Network Security Computer Games Computer Hardware Computer Networking Computer Software Construction Consumer Electronics Consumer Goods Consumer Services Cosmetics Dairy Defense & Space Design Education Management E-Learning Electrical/Electronic Manufacturing Entertainment Environmental Services Events Services Executive Office Facilities Services Farming Financial Services Fine Art Fishery Food & Beverages Food Production Fund-Raising Furniture Gambling & Casinos Glass, Ceramics & Concrete Government Administration Government Relations Graphic Design Health, Wellness and Fitness Higher Education Hospital & Health Care Hospitality Human Resources Import and Export Individual & Family Services Industrial Automation Information Services Information Technology and Services Insurance International Affairs International Trade and Development Internet Investment Banking Investment Management Judiciary Law Enforcement Law Practice Legal Services Legislative Office Leisure, Travel & Tourism Libraries Logistics and Supply Chain Luxury Goods & Jewelry Machinery Management Consulting Maritime Marketing and Advertising Market Research Mechanical or Industrial Engineering Media Production Medical Devices Medical Practice Mental Health Care Military Mining & Metals Motion Pictures and Film Museums and Institutions Music Nanotechnology Newspapers Nonprofit Organization Management Oil & Energy Online Media Outsourcing/Offshoring Package/Freight Delivery Packaging and Containers Paper & Forest Products Performing Arts Pharmaceuticals Philanthropy Photography Plastics Political Organization Primary/Secondary Education Printing Professional Training & Coaching Program Development Public Policy Public Relations and Communications Public Safety Publishing Railroad Manufacture Ranching Real Estate Recreational Facilities and Services Religious Institutions Renewables & Environment Research Restaurants Retail Security and Investigations Semiconductors Shipbuilding Sporting Goods Sports Staffing and Recruiting Supermarkets Telecommunications Textiles Think Tanks Tobacco Translation and Localization Transportation/Trucking/Railroad Utilities Venture Capital & Private Equity Veterinary Warehousing Wholesale Wine and Spirits Wireless Writing and Editing Privacy Policy Please Note: Business Insider will never share your information with any other companies. You also have the ability to unsubscribe from these newsletters at any time simply by following the unsubscribe link located at the bottom of each email To embed this post, copy the code below and paste into your website or blog.600px wide (preview)400px wide (preview) 300px wide (preview) Alerts Newsletter URL Recommended For You More: Closing Bell Get Alerts for these topics » Sam Ro $('.icon-tooltip').tooltip(); BILL GROSS: 100 Navy Sailors Almost Died Because Of Me Advertisement:Join The Discussion OR Login With Facebook Login With Twitter Login With Google Submit the comment for Insider Status Comments Insiders0All Comments5 Apply To Be An "Insider" » Loading STOCKS RALLY, GOLD TANKS: Here's What You Need To Know STOCKS RALLY, GOLD TANKS: Here's What You Need To KnowYou win some, you lose some.
AdvertisementGet Markets Emails & AlertsLearn More »IndustryAccountingAirlines/AviationAlternative Dispute ResolutionAlternative MedicineAnimationApparel & FashionArchitecture & PlanningArts and CraftsAutomotiveAviation & AerospaceBankingBiotechnologyBroadcast MediaBuilding MaterialsBusiness Supplies and EquipmentCapital MarketsChemicalsCivic & Social OrganizationCivil EngineeringCommercial Real EstateComputer & Network SecurityComputer GamesComputer HardwareComputer NetworkingComputer SoftwareConstructionConsumer ElectronicsConsumer GoodsConsumer ServicesCosmeticsDairyDefense & SpaceDesignEducation ManagementE-LearningElectrical/Electronic ManufacturingEntertainmentEnvironmental ServicesEvents ServicesExecutive OfficeFacilities ServicesFarmingFinancial ServicesFine ArtFisheryFood & BeveragesFood ProductionFund-RaisingFurnitureGambling & CasinosGlass, Ceramics & ConcreteGovernment AdministrationGovernment RelationsGraphic DesignHealth, Wellness and FitnessHigher EducationHospital & Health CareHospitalityHuman ResourcesImport and ExportIndividual & Family ServicesIndustrial AutomationInformation ServicesInformation Technology and ServicesInsuranceInternational AffairsInternational Trade and DevelopmentInternetInvestment BankingInvestment ManagementJudiciaryLaw EnforcementLaw PracticeLegal ServicesLegislative OfficeLeisure, Travel & TourismLibrariesLogistics and Supply ChainLuxury Goods & JewelryMachineryManagement ConsultingMaritimeMarketing and AdvertisingMarket ResearchMechanical or Industrial EngineeringMedia ProductionMedical DevicesMedical PracticeMental Health CareMilitaryMining & MetalsMotion Pictures and FilmMuseums and InstitutionsMusicNanotechnologyNewspapersNonprofit Organization ManagementOil & EnergyOnline MediaOutsourcing/OffshoringPackage/Freight DeliveryPackaging and ContainersPaper & Forest ProductsPerforming ArtsPharmaceuticalsPhilanthropyPhotographyPlasticsPolitical OrganizationPrimary/Secondary EducationPrintingProfessional Training & CoachingProgram DevelopmentPublic PolicyPublic Relations and CommunicationsPublic SafetyPublishingRailroad ManufactureRanchingReal EstateRecreational Facilities and ServicesReligious InstitutionsRenewables & EnvironmentResearchRestaurantsRetailSecurity and InvestigationsSemiconductorsShipbuildingSporting GoodsSportsStaffing and RecruitingSupermarketsTelecommunicationsTextilesThink TanksTobaccoTranslation and LocalizationTransportation/Trucking/RailroadUtilitiesVenture Capital & Private EquityVeterinaryWarehousingWholesaleWine and SpiritsWirelessWriting and EditingBusiness Insider SelectMoney Game Select10 Things Before the Opening BellMoney Game Chart Of The DayMonday Scouting ReportMoreFeaturedBusiness Insider SelectTechnologySAI SelectMobile InsightsScience SelectAdvertising SelectAdvertising: The BriefSocial Media InsightsFinanceFinancial Advisor InsightsClusterstock SelectMoney Game SelectYour Money SelectSmart InvestorMonday Scouting ReportLifestyleThe Wire SelectThe Life SelectSports Page SelectGetting There SelectManagementRetail SelectBreaking NewsWar Room SelectEnterprise SelectCareers SelectInstant MBAMarketing MondaysPolitics and MilitaryPolitics SelectMilitary SelectLaw & Order SelectTop 10 Things & ListsLists Select10 Things In Tech You Need To Know10 Things Before the Opening BellClosing BellCharts of the DaySAI Chart Of The DayMoney Game Chart Of The DaySports Page Chart Of The DayYour Money NASDAQ Composite 3,402 +25.64 (+0.759%) S&P 500 1,613 +9.94 (+0.62%) NYSE Composite 9,144 +0 (+0%) LinkedIn Login Hot: LinkedIn In your networkWhy Local-Mobile Marketing Is Exploding
This Map Shows The Most Famous Brand From Every State
America Is Raising A Generation Of Kids Who Can't Think Or Write Clearly
Login with LinkedIn to see what your friends are reading on Business Insider.Login with LinkedIn No articles have recently been shared in your network.
More »
Welcome, !You are logged into FacebookSocial: Your Activity|These articles have been shared on your timeline. You can remove them here:OptionsNotify me when a story is shared.YesNo Welcome, ! You are logged in with Google Social: Your Activity| These articles have been added to your Google activity log. You can remove them here: Options Notify me when a story is shared. Yes No Inside Social MediaThe Social Media Advertising Ecosystem ExplainedBeyond Pinterest: The Best Of Other Social Commerce Business ModelsThe Rise Of Social TV: How Social Media Is Amplifying TV AdvertisingTrendingBusiness Insider To The TestHow People Reacted When They Learned They Were Eating Breast Milk LollipopsWe Recreated The Pepsi Challenge To See What People Really LikeWatch What Happened When The Writers At Business Insider Tried On Google Glass For The First TimeAdvertisementIn partnership with Find A JobTech JobsMedia JobsFinance JobsC-Level JobsDesign JobsSales JobsSee All JobsThanks to our partners * Copyright © 2013 Business Insider, Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer Commerce Policy Powered by MongoDB Stock quotes by YCharts Ad Serving by 24/7 Open AdStream Made in NYC
0 comments:
Post a Comment