Consumer Spending: Percent and Light Trading

consumer spending: The market has been notching records in recent weeks as the U.S. and China have signaled that negotiations aimed at resolving their costly trade war are going well. ; The latest economic data also helped put investors in a buying mood, according to The Japan Times. The Commerce Department said Wednesday that the economy grew at a 2.1 percent rate last quarter, outpacing forecasts. The modest gains had the major stock indexes on track to set all-time highs for the third straight day amid light trading ahead of the Thanksgiving Day holiday. The government also reported a surprisingly good increase in orders to U.S. factories and a pickup in consumer spending. Texas Instruments rose 1.6 percent and Comcast gained 1.9 percent. Technology and communications companies helped drive the market higher. (news.financializer.com). As reported in the news.