After a flurry of government reports on macroeconomic metrics one week ago, a relatively quiet week of data continues to show two trends: gas prices retreating from sky high prices to simply very high prices; and a stock roundup with a large diversity of performance.
The price of gas fell to a national average of $3.88 per gallon of regular as of Aug. 24, according to the tally from the American Automobile Association. That’s down from $4.37 a month ago, but up from $3.15 a year ago.
On the Stock Roundup: 60 percent of the ticker symbols are up for the year, and 70 percent are up for the month. The month produced big swings, the most extreme of which are Stanley Black and Decker, down 18.2 percent; and Deere up, 18.1. percent.
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Coming next: the closely watched Consumer Confidence Index will be released by the New York-based Conference Board on Aug. 30.