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Business

  • Twitter 2Q results soar, stock flies high
    Stronger-than-expected results pushed Twitter’s stock sharply higher on Tuesday after the short messaging service said its revenue more than doubled in the second quarter.
  • Small cars fare poorly in crash tests
    The four-door Mini Cooper Countryman was the only one of 12 cars to earn a top rating of “good” in new frontal crash tests.
  • US consumer confidence jumps to 90.9 in July
    U.S. consumers are more confident about the economy than they have been in nearly seven years.  The Conference Board’s confidence index rose to 90.9 in July from an upwardly revised 86.
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Week Ahead

Today

•Institute for Supply Management releases its manufacturing index for June

•Commerce Department reports on construction spending for May

Tuesday

•Commerce Department reports on factory orders for May

•Automakers report on vehicle sales for June

Wednesday

•Labor Department reports on weekly jobless claims

•Institute for Supply Management releases its service sector index for June

Thursday

•U.S. stock and bond market is closed for Independence Day

Friday

•Labor Department releases employment data for June

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