And Now Stocks Are Positive

stockupdate

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.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.