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July Retail Sales Numbers Fall in Line With Market Expectations – Market Update

by Kristen Curzytek on August 12, 2011 in Market Update

The roller coaster ride continued as the Dow rebounded from a large loss for the second time this week, increasing 423 points. Yesterday’s 30-year treasury auction drew the lowest level of demand since 2009. This, along with the positive economic release, drove bond prices down yesterday. The July Retail Sales numbers were released this morning, falling right in line with market expectations.

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Tags: Bond Prices DOW July Retail Sales Numbers Market Expectations Positive Economic Release Quicken Loans Retail Sales Numbers Roller Coaster Ride of the Dow Treasury Auction

About Kristen Curzytek

Kristen has just finished her undergrad at Eastern Michigan University. Since writing is her first love, she's thrilled to be writing for Zing! as part of her internship. In her free time, she loves to garden and bake cupcakes. Kristen also enjoys the summer car shows that are all over Michigan, including the amazing Woodward Dream Cruise.

View all posts by Kristen Curzytek →

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