среда, 14 марта 2012 г.

Stocks Are Mixed After Survey

NEW YORK - Wall Street was narrowly mixed Wednesday as investors tried to gauge Americans' buying power going into the holiday shopping season following a report showing a drop in consumer confidence.

The dip in the University of Michigan's survey of consumer sentiment, as well as a government report showing jobless claims rising, dampened some investor enthusiasm over declining oil prices and strong earnings from Dell Inc.

Earlier Wednesday, the U.S. government reported that crude and gasoline inventories rose, which sent energy prices falling. The question on investors' minds is whether lower fuel prices are enough to encourage consumer spending, which accounts for …

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