Despite strong stocks and a rising U.S. dollar, gold has held its own. Jeff Kilburg explains, with CNBC's Bertha Coombs and the Futures Now Traders.» Read More
WASHINGTON— U.S. consumer confidence this month reached its highest point in nearly seven years, boosted by strong job gains. "Enthusiastic households are more likely to open their wallets in the coming months and support solid output growth in the second half of the year," said Gregory Daco, an economist at Oxford Economics.
Aug 26- U.S. consumer confidence rose in August to its highest level since October 2007 on improved feelings about the current state of the economy, according to a private sector report released on Tuesday.
CNBC's Rick Santelli breaks down the latest consumer confidence data.
WASHINGTON— The private Conference Board reports on consumer confidence for August at 10 a.m. Eastern Tuesday. The average price of a gallon of gas nationwide Monday was $3.44, the lowest in nearly six months, according to AAA. Confidence bottomed during the Great Recession in February 2009 at 25.3 before beginning its current upward swing.
WASHINGTON— Commerce Department releases durable goods for July, 8:30 a.m.. WASHINGTON— Standard& Poor's releases S&P/Case-Shiller index of home prices for June and the second quarter, 9 a.m.. WASHINGTON— The Conference Board releases the Consumer Confidence Index for August, 10 a.m..
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