U.S. stocks notched a second week of gains as investors shrugged off mixed economic data. European bourses were up as well, while Asian markets showed mixed results. Oil rallied mid-week on news of a proposal to freeze production at January levels, finishing with a modest gain by Friday. Gold and government bonds fell slightly. The yield on the ten-year U.S. Treasury note was virtually unchanged from the prior week.
Investors Shrug off Mixed Economic Data
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Monday, February 29, 2016