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Wall Street Edges Up After Mixed Data

2012-10-25 24 Dailymotion

<p>Wall Street eked out small gains on Thursday after a series of mixed economic data. </p><br /><p>The Commerce Department said on Thursday that although new durable goods orders posted their biggest gain last month since January 2010, business spending was still flat in September.</p><br /><p>Separate data released by the Labor Department showed that the number of Americans filing new claims for unemployment benefits fell last week, which could be a sign that the labor market is slowly healing.</p><br /><p>Other data released Thursday indicated that the National Association of Realtors U.S. Pending Home Sales Index for September rose only modestly in September.</p>

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