Consumer confidence climbed to a more than seven-year high in November as Americans' views of their financial well-being improved heading into the holiday shopping season.
Sales of new U.S. single-family homes rose for a third straight month in October, but a downward revision to the prior month's sales pace indicated the housing market recovery would remain gradual.
WASHINGTON -- U.S. consumer spending rose modestly in October and a key measure of business spending plans fell for a second straight month, suggesting some slowing in the pace of economic growth.
The number of Americans filing new claims for unemployment benefits rose to the highest level since September, while durable goods order for October unexpectedly rose.
NEW YORK, Nov 26 (Reuters) - U.S. stocks were flat on Wednesday as the market's recent upward bias held ahead of the Thanksgiving holiday, even as a round of economic data came in below expectations.