Futures Slip, Despite Encouraging Personal Spending, Jobs, Retail Data
August 30, 2012 at 09:29 AM EDT
Futures were giving up ground this morning, as investors continue to wait for Ben Bernanke speech tomorrow afternoon in Jackson, Wyoming, despite encouraging unemployment and consumer spending data. Personal spending moved up 0.4% in July, the biggest gain in five months, possibly illustrating consumers’ willingness to make purchases despite ongoing economic uncertainty. That figure matched [...]