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Showing posts with the label 14 August 2012 -

ADVFN III World Daily Markets Bulletin - Tuesday, 14 August 2012 -

ADVFN I I I World Daily Markets Bulletin   Daily world financial news Tuesday, 14 August 2012 US Market Reports Stocks Continue To See Modest Strength In Late Morning Trading 8/14/2012 10:54 AM ET While buying interest has remained subdued, stocks continue to see modest strength in late morning trading on Tuesday. The major averages are holding on to slim gains after ending the previous session on opposite sides of the unchanged line. The modest strength on Wall Street comes on the heels of the release of a report from the Commerce Department showing stronger than expected U.S. retail sales growth in the month of July. The Commerce Department said retail sales rose by 0.8 percent in July following a revised 0.7 percent drop in June. Economists had expected sales to edge up by 0.3 percent compared to the 0.5 percent decrease originally reported for the previous month. The report generated some positive sentiment, but traders seem somewhat re