: Stocks Lacking Direction Despite Economic Data, Twitter IPO and Fed Succession Rumors
Stocks are inching higher today amid a flurry of bearish economic data and rumors of the President's choice for the next Fed Chairman as well as a still largely veiled initial Public Offering of stock by social networking company Twitter. Shares have been unable to generate much direction as the markets consolidate at the end of a very volatile week. The Dow Jones Industrials Average touched a new weekly high soon after the open on anemic retail sales before settling into a razor-thin range just above its breakeven mark.
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