Friday’s Mid-Day Movers: 3 Stories Driving Markets

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The major stocks were wavering Friday as positive economic reports released this week sparked questions about the Federal Reserve’s future stimulus plans. As of 12 p.m.:

DIJA: -0.24% to 14988.97 S&P 500: -0.12% to 1611.28 NASDAQ: +0.08% to 3404.42
Gold: +1.38% to 62.90 Oil: +0.23% to 22.541 U.S. 10-Year: +0.24% to 24.89

Here are three stories helping shape the market Friday afternoon.

1. Consumer Sentiment Takes a Surprising Turn: Despite sluggish economic growth and lingering high rates of unemployment, consumer sentiment in the United States remains near six-year highs.

According to the Thomson Reuters/University of Michigan’s final reading, consumer sentiment in June came in at 84.1, a slight decrease from 84.5 in May. Last month’s reading was the best level for the index since July 2007… (Read more.)

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