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Stocks rise after US report offsets China weakness
NEW YORK (AP) Stocks rose Thursday after a survey showed that U.S. manufacturing expanded at the fastest pace in almost four years. The report helped offset a weak survey on Chinese manufacturing.
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KEEPING SCORE: The Standard & Poor's 500 index rose 10 points, or 0.6 percent, to 1,839 as of 1:26 p.m. Eastern time. The Dow Jones industrial average gained 109 points, or 0.7 percent, to 16,149. The Nasdaq composite climbed 19 points, or 0.5 percent, to 4,257.
MADE IN THE USA: Manufacturing in the U.S. expanded at the fastest pace in almost four years in February, according to a private survey by Markit. The survey reflected a strong rebound following a slowdown in January. The Markit Flash U.S. Manufacturing index rose to 56.7 from 53.7 in January. Numbers above 50 indicate manufacturing is increasing.
Stocks rise after US report offsets China weakness - Yahoo Finance
Any good news is bad news for a rwer.
Not until just before huge domestic blowback results. That is the time to short everything including the shorts you wear.The only problem republicans would have with this report, is if democrats tried to take credit for it. Are you trying to take credit for it?
That reflects good sense on Sallow's part. Of course Biden hasn't had a chance to take a swing at the data.I did not see any thank you Obama here....
