While you were sleeping US factory orders, health care

Tue, 02 Apr 2013

By Margreet Dietz April 3 (BusinessDesk) - Wall Street advanced as solid economic data and a sigh of relief for the health care industry underpinned sentiment. The latest data on the US economy bolstered expectations that the recovery is on track at a pace that will also safeguard the Federal Reserve's backing. Factory orders advanced 3 percent in February, slightly ahead of economists' expectations for a 2.9 percent gain. "Good numbers are good and bad numbers are good because it keeps the Fed at the side of the market," Burt White, managi...

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