Manufacturing, Wall Street | featured news

Stocks jump following expansion in manufacturing

Manufacturing

Stocks got a boost on Wall Street from positive economic news on Monday. The Dow Jones industrial average rose 135 points to 13,572 in the first hour of trading. The market was already higher in the opening minutes of trading, then jumped at 10 a.m. after the Institute for Supply Management reported that U.S. manufacturing grew in September for the first time in four months.

 

Economic Gains Send Wall Street Up Sharply

Signs that manufacturing in the United States was on a path to recovery sent stocks upward on the first trading day after one of the steepest plunges in months.

 

Subscribe to this RSS topic: Syndicate content