Industrial output in U.S. has largest gain in four month

Source: Bloomberg
© Scanpix/Reuters
Industrial output in the U.S. climbed the most since February. Output gained 0.3% in June, which matches the economist forecast, after a 0.2% increase in May.  Manufacturing growth is quite low as slow-growing foreign markets hinder export activity, but it is expected to pick up in the second half of 2013. Manufacturing accounts for 12% of the U.S. economy.
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Tue, 16 Jul 2013 15:46:10 GMT

U.S. stocks almost unchanged mixed economic data

The main U.S. stock averages remained flat as investors struggle to interpret recent economic reports. Data shows increasing price growth, significant gain in manufacturing output in last few months, while retails sales were weaker than projected. The S&P 500 gauge slid 0.06% to 1,681.43, the Dow Jones gauge dropped 0.02% to 15,480.44 and the Nasdaq stayed at 3,606.42.

Tue, 16 Jul 2013 15:24:11 GMT

WTI crude climbs to 3-day high as U.S. oil inventories seen lessening

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