Consumer Resilience Not Enough to Excite Investors - Presented by: The Aol. On Network

The S&P 500 nudges up to a record close, but Wall Street didn't appear to be in the mood to do much. The Dow slipped 26 points but in last minutes of trade the S&P 500 moved to a fractional gain and the Nasdaq held a small rally. Retail sales surprisingly grew by one-tenth of one percent in April, with sales gains widespread. The number is being taken as a sign the economy, and the consumer more specifically, are holding up well despite higher taxes and fiscal austerity.



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