And Now Stocks Are Positive


Photo: Google Finance

After an early sell-off, stocks turned around, and now all of the major indices are positive.We can probably thank the U.S. consumer.  This morning, we learned personal spending accelerated to 0.6%.  Also, the consumer sentiment reading jumped to 60.9, which was better than expected.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at