March 28, 2014- Business News - Financial News - Stock News --NYSE -- Market News 2014

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March 28, 2014 - Business News - Financial News - Stock News --NYSE -- Market News 2014 CLICK HERE➡ ➡ http://FinancialBuzz.com Business News - Financial News - Stock News -- New York Stock Exchange -- Market News 2014 Business News - Financial News - Stock Exchange -- Wall Street -- Market News - New York Stock Exchange 2014 It was not a very good week for the markets, on Monday NASDAQ fell 1.2% as investors sold to take profits, particularity in the biotech sector. The Flash Manufacturing PMI for March was released showing 55.5 for March, with the new orders component coming in even stronger at 58. Numbers above 50 indicate expansion. On Tuesday, the consumer confidence report for March was much stronger than expected coming in at 82.3, a six-year high, compared to February's 78.3. Markets rallied strongly on the news. Also released was the Case-Shiller Home Price Index showing homes increased .8% month to month in 20 tracked cities, with the year over year rate increasing 13.2%. New homes sales in February came in at 440,000, down from January's 455,000. On Wednesday, the markets traded lower after President Obama warned that the Ukraine crisis may escalate, and investors took that as a sign to take some profits as a cautionary stance. Durable goods for February were up 2.2%, but it didn't impress the market much because after removing the volatile transportation component it only showed an increase of .2%. On Thursday, mixed economic reports caused a lot of sideways movement in the markets. GDP for the 4th quarter 2013 came in at 2.6%, softening from the 3rd quarter growth of 4.1%. New jobless claims also came down to 311,000, with the four week moving average at 318,000, its lowest level in 6 months. On Friday, reports showed monthly personal income for February increased .3%, and consumer spending increased .3%. Inflation continues to be tame at .1% higher than last month. March 28, 2014 Weekly Stock Market Wrap up: Facebook (NASDAQ: FB Microsoft (NASDAQ: MSFT) Apple (NASDAQ: AAPL) Lululemon Athletica Inc. (NASDAQ: LULU) Business News - Financial News - Stock Exchange - New York Stock Exchange -- Wall Street -- Market News 2014http://www.financialbuzz.com financial news, financial stock news, business news, stock news, financial news today, stock news today 2014, financial news now, stock news now, stock news, business news, financial news © 2011 Financial Buzz. All rights reserved. No portion of FinancialBuzz.com may be duplicated, redistributed or manipulated in any form without our consent, violators will be prosecuted to the full extent of the law