Market Up a Bit, Ben’s Speaking Again

The market is signaling higher today. Ben Bernanke speaks again before Congress. This time, he heads over to the House of Capitol Hill.

This morning, we learned that durable goods orders fell 5.2% last month which was worse than Wall Street’s forecast of a 4.8% decline. But if we look at nondefense orders excluding aircraft, then durable goods rose by 6.3%. That was well above the Street’s forecast of no growth.

Posted by on February 27th, 2013 at 9:41 am

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