The Federal Reserve released its Beige Book, a summary of economic conditions in all twelve Fed districts, suggested that the pace of economic activity slowed somewhat since the last report. Details from Bloomberg...
The Dow Jones Industrial Average gained 30 points (0.3%) to close at 11,632, the S&P 500 Index rose 5 points (0.4%) to 1,282, and the Nasdaq Composite advanced 22 points (1.0%) to 2,326. Crude oil dropped $3.98 to $124.44 per barrel, and gold fell $29.40 to $919.10 per ounce.
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