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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (29459)1/29/2002 9:58:22 AM
From: Sully-  Read Replies (1) of 209892
 
09:49 ET Consumer confidence a bit stronger than expected : Though scheduled for a 10 ET release, Dow Jones is already reporting that Consumer Confidence rose to 97.3 in January from 94.6 in December. If accurate, this number is slightly stronger than the 95.0 consensus though probably not strong enough to prompt any market reaction. The report nevertheless lends further support to the view that consumer spending will continue to support the economy.
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