Description: Stocks approached their highest levels of the year on Friday in the wake of some mildly encouraging economic data, closing out their sixth-straight positive week.

Source: NYTimes.com

Date: Aug 17, 2012

Link: http://www.nytimes.com/2012/08/18/business/daily-stock-market-activity.html?ref=business

Questions for Discussions:

• Summarize the summer activity in stock markets.
• Do you agree with the explanations provided for this behavior?
• Where do you think markets are headed as the presidential election approaches?