Gold Gains 1%; NY Empire State Manufacturing Index Rises In August
US stocks mixed, S&P 500 drops 0.2%. Dow down 0.34%, NASDAQ up 0.04%. Industrials up 0.2%, consumer staples down 1%. NY Fed's Empire State Index at 20.6.
Gold went up a little bit, and a measure of how well factories in New York are doing got better, which are both signs things might be improving. When factories feel good about business, it can mean the economy is getting healthier, so it's worth watching if companies keep reporting good news like this.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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