Stocks rose Friday as the S&P 500 closed at another record high and had its best August since 2000. The Dow and S&P have posted gains for four weeks in a row.
The European Central Bank gets back to work after the summer next week with inflation in the euro zone now down to 0.3%. That may not prove enough for them to bring in new policy measures.
WASHINGTON (Reuters) - U.S. consumer spending fell in July for the first time in six months, but confidence among households hit a seven-year high in August, suggesting the retrenchment would be temporary.
(AP Photo/Mark Lennihan, File). FILE - The New York Stock Exchange is shown, Tuesday, Aug. 9, 2011 file photo taken in New York. By ALEX VEIGA AP Business Writer.
FILE - In this May 21, 2013 file photo, a protester attends a rally after a House committee hearing on "fracking" legislation at the state Capitol in Springfield, Ill.