While you were sleeping: Wall Street rallies to record

Tue, 01 Jul 2014

By Margreet Dietz July 2 (BusinessDesk) - Wall Street climbed, pushing the Dow and the S&P 500 to record highs, as solid manufacturing data from the US and China bolstered optimism about the outlook for the world’s two largest economies. The Institute for Supply Management’s index of national factory activity was at 55.3 in June, barely budging from the five-month high of 55.4 in May. Separately, Markit’s final US manufacturing purchasing managers index rose to 57.3 in June, the highest level since May 2010. "It's all very constructive...

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