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Topic: U.S. Commerce Department

AAA Says Jump in Gasoline Demand Drives Down Stocks, but National Average Remains Flat on the Week

 

AAATampa, FL – Gasoline demand numbers look more like summer than fall in the Energy Information Administration’s (EIA) latest reports. However, despite the high demand rate and a draw in U.S stocks, the national average held steady on the week at $2.60.

“Gas prices continue to fluctuate across the country, though on the week the majority of states saw prices only increase or decrease by one or two cents,” said Jeanette Casselano, AAA spokesperson.

Gas Prices remain stead dispite rise in Gasoline Demand. (AAA)

Gas Prices remain stead dispite rise in Gasoline Demand. (AAA)

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Sections: News | No Comments
 

Markets gain ground, await further Fed guidance

 

F&M Investment Services - Raymond JamesClarksville, TN – July was certainly eventful in terms of market movements and economic news. Stocks were up for the month, with the S&P 500 posting its biggest monthly gain since January, making up for its decline in June.

All the major indices ended July in higher territory after housing prices posted their largest gain in seven years and the Commerce Department reported that advanced estimates show that gross domestic product grew more than forecast in the second quarter. «Read the rest of this article»

Sections: Business | No Comments
 



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