Wall Street opened higher on Thursday as data showed that the U.S. economy was on the path to recovery after consumer spending recorded its largest increase in nearly six years.
Investors have been keeping a sharp eye on economic data for signs of a recovery in the U.S. economy, which came to a crawl in the first quarter, as the Federal Reserve prepares to raise interest rates for the first time in almost a decade.
The euro was fractionally lower against the dollar on Thursday as investors remained on the sidelines to monitor developments in Greece’s bailout talks.
Natural gas futures trimmed gains on Thursday, despite data showing that U.S. natural gas supplies rose less than expected last week.
Natural gas for delivery in August rose 2.4 cents, or 0.88%, on the New York Mercantile Exchange to trade at $2.806 per million British thermal units during U.S. morning hours. Prices were at around $2.846 prior to the release of the supply data.
Ask us about our FREE financial advice program: 
Other Top Stories:
Technical Analysis Lesson 1 - Introduction
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook: 
