XJO 0.50% 7,931.7 s&p/asx 200

Dow hits a 4 year high overnight after US mfg sector surprised...

  1. Zia
    4,156 Posts.
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    Dow hits a 4 year high overnight after US mfg sector surprised to the upside.

    The Institute for Supply Management's Purchasing Managers' index rose to 54.8 in March, up from 53.4 last month.

    The markets had been expecting a slight fall, to 53.1.

    The Dow now sits at levels not seen since December 2007. The gains leave the benchmark S&P 500 within about 16 points of a high reached in May 2008. A convincing break above that level could set the market up for more gains.

    I won't mention gold Pauley :)
 
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