While you were sleeping: Wall Street hits records

Mon, 03 Nov 2014

By Margreet Dietz Nov. 4 (BusinessDesk) - Wall Street touched fresh record-highs after a report showing a stronger-than-expected pace of growth in US manufacturing bolstered optimism about the outlook for the economy and corporate profits. The Institute for Supply Management's factory index rose to 59 last month, up from 56.6 in September and matching a 3-1/2 year high reached in August. "The overall growth outlook remains very resilient as the underlying strength in domestic demand clearly outweighs potential external headwinds,” Harm...

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