Jobless claims unchanged ‧ U.S. stocks fell 107 points ‧ U.S. July consumer spending

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Jobless claims unchanged ‧ U.S. stocks fell 107 points ‧ U.S. July consumer spending

U.S. consumer spending increased in July hitting a five-month high, synchronous rise in personal income. But last week, the initial jobless claims was flat, indicate that the job market recovery faltering.
U.S. stocks fell on the 30th, Dow Jones Industrial Average fell 106.77 points to 13,000.71 points, 13,000-point mark in jeopardy.
Ministry of Commerce released, consumer spending rose 0.4% in July, better than flat in June and May's decline of 0.2%. Best performance for five months. Personal income rose 0.3%, growth for eighth consecutive months.
 
 
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