The Closing Look
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The Closing Look

Stocks rallied on Monday as investors digested the latest round of economic data and last week’s Fed symposium in Jackson Hole. Consumer spending edged higher by +0.3% in July which matched the Street’s consensus. Meanwhile, the personal consumption expenditures (PCE) price index, which is one of the Fed’s preferred inflation indicators, rose 0.1% in July and is…

The Morning Look
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The Morning Look

Market Update: Stock futures are quiet ahead of Tuesday’s open as the market continues trading near record highs. Gary’s Thoughts: Apple told to pay billions in taxes. Not much else happening! Economic Data: Redbook 8:55 AM ET S&P Case-Shiller HPI  9:00 AM ET Consumer Confidence 10:00 AM ET State Street Investor Confidence Index 10:00 AM ET 4-Week Bill Auction 11:30 AM…