Read as much as you want on BostonGlobe.com, anywhere and anytime, for just 99¢.

Dow Jones average has its best week since January

Continue reading below

Stocks got a lift from two August economic reports, one showing that inflation remained tame and the other showing that Americans spent more at stores. Americans increased their spending — roughly 0.2 percent — the Commerce Department reported, but that was half of what economists expected. The sales report was mixed. Shoppers spent more on cars, electronics, and furniture, but not on much else. Wholesale prices also rose 0.3 percent last month, a sign that inflation remains modest. Investors were looking ahead to the Fed’s policy meeting next week when the central bank is expected to decide the future of its bond buying.

Loading comments...

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week