Tuesday was a sleepy, low volatility day typical of holiday week trading. The S&P 500 fell 0.12% while the NASDAQ added 0.07%; both indexes hugged the unchanged line much of the day. Tuesday’s economic reports were mixed; the Conference Board’s index of consumer confidence declined to 88.7 in November from 94.1 the prior month, and the Commerce Department reported gross domestic product climbed at a 3.9 percent annualized rate, up from an initial 3.5 percent estimate.Continue reading
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