Wall St. Rallies as Consumers Perk Up - Presented by: The Aol. On Network

A bump up in consumer confidence led to a bump up in investor confidence. The Dow and S&P 500 rallied and the Nasdaq did the same after it struggled for most of the session. Consumers are feeling much better-than-expected this month with the Conference Board index jumping to a post Great Recession high. Consumers are betting the economy will improve as the weather improves. The optimism, however, is tempered by paychecks that are not expected to get much fatter.



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As of 12/26/2014, 04:15 PM
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