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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Aug 13, 2011
Page
12
U S retail data show July spending up across cars furniture electronics and other goods with May and June revisions. Analysts warn that sustained consumer activity depends on stock market stability and confidence amid high unemployment and weak wage growth.
The Dow Jones rose 125 points ending a volatile week marked by four 400 point swings the first time in 115 years. Investors weighed U S credit downgrade euro area bank concerns and a two year low in Treasury yields as gold topped 1800 an ounce.
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