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BETAPRO SP500 VIX ST FTRS 2X DLY BULL T.HVU



TSX:HVU - Post by User

Post by pk12on May 30, 2013 11:31am
217 Views
Post# 21460980

Unreal

Unreal

 

 

Weak US data run gives stocks a lift

 

Japan's Nikkei underperforms in slipstream of losses elsewhere; US economy in focus later

LONDON (AP) -- Stocks posted some modest gains Thursday after a run of unspectacular U.S. economic data eased concerns that the Federal Reserve will start to reduce the amount of financial assets it buys each month.

The advances on Wall Street and European exchanges came after figures showed U.S. economic growth in the first quarter downgraded to an annualized rate of 2.4 percent from 2.5 percent, weekly jobless claims surprisingly up 10,000 and pending home sales rising by far less than anticipated in April.

 

 

Is it just me??? -  How does "weak US data" validate gains (gives stocks a lift)????

 

Logic is far gone.

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