| Tickers in this article: SPY, DIA, QQQ, IWM The U.S. market moved higher over the past week, as of Thursday's close, driven by mixed economic data that left the market guessing about the Federal Reserve's intentions in December. While September's consumer spending appeared weak on the surface, the decline was largely due to lower energy prices and automobile sales continued to rise. The overall economy similarly grew at just 1.5% during the third quarter, but personal consumption remains robust and growing. International markets were mixed over the past week, as of Thursday's close. Japan's Nikkei 225 fell 0.39%; Germany's DAX 30 rose 0.06%; and, Britain's FTSE 100 fell 0.83%. In Europe, the European Central Bank's stimulus programs has helped boost business confidence, but long-term unemployment remains a key problem in the regional economy. In Asia, China has become increasingly desperate in taking measures to improve its economy with an interest rate cut.
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