Tuesday, November 29, 2011

Video: Consumer spending helps stocks bounce back



>>> we turn now to wall street where stocks bounced back big from the worst thanksgiving week, by the way, since the great depression. the dow was up 291 points. nasdaq was up big. s&p 500 up just under 34 points. what appears to be a busy start to the christmas shopping season appears to have helped drive the gains today. according to black friday estimates -- estimates from retail trade groups -- $52 billion was spent by 226 million of us who spent an average of $400 each, we're told. again, these are numbers based on surveys and they could change when we get the actual retail sales figures next

Source: http://video.msnbc.msn.com/nightly-news/45469641/

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