{"id":38318,"date":"2013-05-16T04:23:47","date_gmt":"2013-05-16T08:23:47","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=38318"},"modified":"2013-05-16T04:23:47","modified_gmt":"2013-05-16T08:23:47","slug":"stock-market-rises-despite-weak-growth-in-the-economy","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/05\/16\/stock-market-rises-despite-weak-growth-in-the-economy\/","title":{"rendered":"Stock market rises despite weak growth in the economy"},"content":{"rendered":"<p><strong>By <u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n<p>Despite the weak economic reports, the US stock market keeps increasing which seems like a reoccurring theme. Despite the fact the slow economic growth, investors still think about how the Federal Reserve pumps\u00a0 \u00a0money into the financial market.<\/p>\n<p>&nbsp;<\/p>\n<p>Chief equity strategist, Terry Sandyen said \u201cWhat\u2019s more, most investors have come to expect choppy economic growth, so they take mildly disappointing reports in stride; it\u2019s a good backdrop for the market to trend higher.\u201d\u00a0<span id=\"more-1835\"><\/span>The standard &amp; poor\u2019s 500 index increased by 7 points to 1,656 which is an estimated 0.4%. While the Dow Jones industrial average boasted to up to 42 points to 15,257 of 0.3 %.<\/p>\n<p>&nbsp;<\/p>\n<p>The U.S factories are said to cut back sharply on production in April including automakers and other industries according to the Federal Reserve. Manufacturing outputs dropped to 0.4 % in April marking the biggest and third drop in four months since October.<\/p>\n<p>A number of nine industries in the S&amp;P 500 edged higher, energy stocks were an exception as falling oil prices were a part of the lower group.<\/p>\n<p>The price of crude oil fell 20 cents to $94 a barrel. Crude oil prices dropped 20 cents to $94 a barrel.\u00a0 Macy\u2019s increased by 3%, $1.34 to $48.73 .Macy\u2019s department store increased in its quarterly divided by a nickel to 25 cents as they plan to buy an additional $1.5 billion of its own stock.<\/p>\n<p>&nbsp;<\/p>\n<p>The post <a href=\"http:\/\/blog.hymarkets.com\/world-market-news\/stock-market-rises-despite-weak-growth-in-the-economy.html\">Stock market rises despite weak growth in the economy<\/a> appeared first on <a href=\"http:\/\/blog.hymarkets.com\">| HY Markets Official blog<\/a>.<\/p>\n<p> Article provided by <strong><u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By HY Markets Forex Blog Despite the weak economic reports, the US stock market keeps increasing which seems like a reoccurring theme. Despite the fact the slow economic growth, investors still think about how the Federal Reserve pumps\u00a0 \u00a0money into the financial market. &nbsp; Chief equity strategist, Terry Sandyen said \u201cWhat\u2019s more, most investors have &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2013\/05\/16\/stock-market-rises-despite-weak-growth-in-the-economy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Stock market rises despite weak growth in the economy&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-38318","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/38318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=38318"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/38318\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=38318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=38318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=38318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}