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Preliminary April 2021 Michigan Consumer Sentiment Improves

Preliminary April 2021 Michigan Consumer Sentiment Improves The preliminary University of Michigan Consumer Sentiment for April came in at 86.5, up from March s 84.9, up from February s 76.8, and up from January s 79.0. The Econoday consensus range was 88.1 to 92.5 (consensus 89.0) Surveys of Consumers chief economist, Richard Curtin, makes the following comments: Consumers in early April reported surging economic growth and strong job gains due to record stimulus spending, low interest rates, and the positive impact of vaccinations. The Sentiment Index rose to its best level in a year on the strength of recent gains in current economic conditions, while future economic prospects remained unchanged from March. This is opposite of the usual pattern over the past fifty years, when recoveries were paced by larger and earlier gains in expectations. The strength in current economic conditions reflects much larger than usual stimulus payments during the past year, and much larger than

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Wall Street Poised To Open Positive

Wall Street Poised To Open Positive Early signs from the U.S. Futures Index suggest that Wall Street might open higher. As of 7.45 am ET, the Dow futures were adding 46.00 points, the S&P 500 futures were up 5.00 points, and the Nasdaq 100 futures were gaining 14.50 points. The U.S. major indices finished positive on Thursday. The Dow jumped 305.10 points or 0.9 percent to 34,035.99, the Nasdaq soared 180.92 points or 1.3 percent to 14,038.76 and the S&P 500 surged up 45.76 points or 1.1 percent to 4,170.42. On the economic front, the Commerce and Housing & Urban Development Department s Housing Starts and Permits report for March is expected at 8.30 am ET. The consensus is for 1.620 million, while it was up 1.421 million in the previous month.

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26Mar2021 Market Close: U S Oil Rig Count Climbs Higher On Suez Outage, WTI Steady At 60 80 DOW Closes Up 453 Points, Nasdaq At +1 2%, Bitcoin Rises Fractionally To 54200

26Mar2021 Market Close: U S Oil Rig Count Climbs Higher On Suez Outage, WTI Steady At 60 80 DOW Closes Up 453 Points, Nasdaq At +1 2%, Bitcoin Rises Fractionally To 54200
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26Feb2021 Market Close: Small Caps Remain In The Green While The DOW Sunk To Session Lows Closing Down 470 Points, Nasdaq Closed At +0 6%, Bitcoin Plunges To 46500 As Real Yields Surge

Oil rig count inches higher as prices drop, WTI crude settles down at 61.65. DOW closes down about 1.5% to wrap up turbulent week and month amid rising yields. The Market in Perspective Here are the headlines moving the markets. India s Largest Refiner To Invest $4.5 Billion To Boost Capacity Indian Oil Corporation (IOC), the countrys biggest refiner and fuel retailer, plans to invest US$4.46 billion (329.46 billion Indian rupees) to expand the processing capacity of its Panipat refinery by two-thirds to 500,000 bpd within three years. The refinery expansion project is set to boost petrochemicals production at the site, as well as specialty products that would contribute to de-risking the conventional fuel business of the company, Reuters quoted IOC as saying in a statement on Friday. Petrochemicals are expected

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Final February 2021 Michigan Consumer Sentiment Up From Preliminary

Final February 2021 Michigan Consumer Sentiment Up From Preliminary The final University of Michigan Consumer Sentiment for February came in at 76.8, up from the preliminary of 76.2, down from January s 79.0, and down from December s of 80.7. The Econoday consensus range was 76.2 to 80.5 (consensus 76.4) Surveys of Consumers chief economist, Richard Curtin, makes the following comments: Despite a small gain in late February, consumer sentiment was slightly lower for the entire month than in January. All of February s loss was due to households with incomes below $75,000, with the declines mainly concentrated in future economic prospects. The worst of the pandemic may be nearing its end, but few consumers anticipate the type of persistent and robust economic growth that restores employment conditions to the very positive pre-pandemic levels. The recent revival in spending has been driven by drawdowns in precautionary savings. Interestingly, those with a college degree were more ca

United statesSteven hansenRichard curtinUniversity of michigan consumer sentiment forMichigan consumer sentimentஒன்றுபட்டது மாநிலங்களில்ஸ்டீவன் ஹேன்சன்ரிச்சர்ட் கர்டின்பல்கலைக்கழகம் ஆஃப் மிச்சிகன் நுகர்வோர் உணர்வு க்குமிச்சிகன் நுகர்வோர் உணர்வு