U.S. durable goods advance in January

Note: This section contains information in English only.
Source: RTT News
U.S. durable goods rose notably above economists' expectations in the last month of 2012, together with transportation equipment orders which increased by 11.9% in the same month, the Commerce Department reported on Monday. The report showed a 4.6% rise of durable goods orders in December following a November's 0.7% jump, while economists forecast a 1.6% jump.

Stock prices were changed after the report was released.
"Stocks are strong. The next point that needs to be addressed is that stocks are very extended in the short term and a light-volume pullback would do wonders to restore the health of this rally," said Adam Sarhan, chief executive of New York-based Sarhan Capital.
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Tue, 29 Jan 2013 08:50:03 GMT

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Mon, 28 Jan 2013 10:29:02 GMT

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