October Consumer Credit Increases More Than Expected
07-Dec-17 15:00 ET
[BRIEFING.COM] The major U.S. indices are modestly higher going into the final hour of trading. The Nasdaq is up 0.5%, while the Dow and the S&P 500 sport gains of 0.3% apiece.
Just in, the Consumer Credit report for October showed an increase of $20.5 billion (Briefing.com consensus +$17.0 billion). The September credit growth was revised to $19.2 billion from $20.8 billion.