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Thursday, May 21, 2015

U.S. Stocks Rise to Records Amid Mixed Data on Economic Growth

Posted by PT KONTAK PERKASA FUTURES BALIKPAPAN On 5:40 PM No comments


U.S. stocks advanced, with the Standard & Poor’s 500 Index rising to a record, amid better-than-forecast results from Salesforce.com Inc. and Best Buy Co. while gauges on the strength of economic growth were mixed.
The S&P 500 rose 0.2 percent to 2,131.03 at 4 p.m. in New York, its fourth all-time high in the last six sessions.
As Federal Reserve policy makers debate the timing on their first interest rate increase since 2006, the data they’re dependent on for their decision continues to provide mixed signals.
Source: Bloomberg

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