Strong first quarter earnings from Harley Davidson and Comcast helped to push stocks higher. McDonald’s seemed to be the only weak spot for sales. The home price index had a small lift for the month, but the year over year figure was up 6.9%. Keith Bliss of Cuttone also pointed out that wage pressures are affecting companies, but this means people are getting paid more and translating into more spending. If your home value is increasing, that also boosts confidence.
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