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By Donald Lambro
Growth spikes are little more than trend-free anomalies
Independent voices from the The Washington Times Communities
Topic - Standard And Poor'S
Stocks fell in afternoon trading Wednesday on news that several Federal Reserve policymakers in a meeting earlier this month favored cutting back on stimulus programs as early as June if the economy continued to improve.
Stocks slumped Thursday on Wall Street, and the rally that has pushed indexes close to record levels stalled.
Stocks edged higher on Wall Street, pushing the Dow toward 14,000, as investors digested the latest round of earnings and economic reports.
Stocks advanced Thursday morning, pushing the Standard and Poor's 500 to another five-year high, after strong reports on housing starts and unemployment claims made investors more optimistic about the U.S. economy.
Stocks edged higher on Wall Street after a rally in retail stocks offset concerns about flaring tensions in Washington over increasing the country's borrowing limit.
The Standard and Poor's 500 closed at another five-year high Thursday after the stock market got a boost from reports suggesting the outlook for economic growth may be improving.
Stocks climbed on Wall Street on Tuesday, pushing the Standard and Poor's 500 to its highest level in two months, amid optimism that lawmakers are closing in on a budget deal that will stop the U.S. from going over the "fiscal cliff" at the beginning of next year.
Stocks edged higher Monday on Wall Street after a strong sales report from McDonald's offset concerns about the surprise resignation of Italy's prime minister. Investors also waited for developments in crucial U.S. budget talks.
Stocks closed higher Wednesday, their first gain of the week, as bank shares rose and comments by President Obama made investors optimistic that a quick deal could be made to avoid the "fiscal cliff."
President Obama warned Republicans not use the debt ceiling to gain leverage for more entitlement cuts in budget negotiations, saying it would remind voters of last year's failed deficit-reduction talks and devastate the economy.
Stocks closed little changed Tuesday on Wall Street as budget talks continued in Washington.
Stocks edged lower on Wall Street Monday after a surprisingly weak manufacturing report heightened concern that fiscal deadlock in Washington is already hurting the economy.
Stocks gained on signs that lawmakers are edging toward a deal that would help the United States avoid the "fiscal cliff."
It's astounding how quickly things can change over four years.
President Obama has a one-man job agenda, instead of a national jobs agenda. Getting himself re-elected has become his full-time occupation. While all incumbents necessarily devote a portion of their time to campaigning and fundraising, Mr. Obama has ceased to keep up with the basic functions of the office.