New York markets liked signs that consumers might be firing retro-rockets to slow the economy, a trend evidenced by a Commerce Department report showing a 0.2 percent drop in retail sales in October. The Dow responded to the sign of easing inflationary pressure with an 84.72 gain to close for the week at 7572.48. The Nasdaq rose 25.77 to 1583.51.
Markets Rocket
New York markets liked signs that consumers might be firing retro-rockets to slow the economy, a trend evidenced by a Commerce Department report showing a 0.2 percent drop in retail sales in October. The Dow responded to the sign of easing inflationary pressure with an 84.72 gain to close for the week at 7572.48. The Nasdaq rose 25.77 to 1583.51.