It's a number kind of closely watched by the Fed. It's a big factor in the rate decision-making, so the fact that it came in line is a positive trend.
More Quotes from Larry Peruzzi:
The increase in oil prices as trading started this morning took away all the incentive to buy stocks. With oil going up again and a Fed meeting tomorrow, investors are being very cautious. Demand today has dried up.Larry Peruzzi
Consumers are beginning to feel the impact of higher oil prices in their pockets. Less confidence means less spending and no wonder we have been seeing shares of retailers and banks faltering.
Larry Peruzzi
The outlook for technology companies remains strong and demand for shares in the sector helped lift stock indexes late this afternoon.
Larry Peruzzi
All indicators are pointing to strong economic growth. That's got people excited, especially in an environment of high commodity prices.
Larry Peruzzi
We need to see a decent number of earnings coming through with good numbers before we see the market able to hold a rally.
Larry Peruzzi
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Based on Topics: Facts QuotesIt is one of the more striking generalizations of biochemistry - which surprisingly is hardly ever mentioned in the biochemical textbooks - that the twenty amino acids and the four bases, are, with minor reservations, the same throughout Nature.
Francis Crick
The first time I got up in front of an audience was terror, abject terror, which continued for another four or five years. There still is, a little bit.
Bob Newhart