Thursday, May 24, 2012

Morning Journal-More government shenanigans


This Week’s Data

April new home sales rose 11,000 versus expectations of a 7,000 increase.

Weekly jobless claims came in flat as anticipated.

April durable goods orders rose 0.2% versus estimates of up 0.5%; ex transportation, they fell 0.6% versus forecasts of an increase of 0.7%.