Posts Tagged ‘institute for supply management’

Stocks Surged on Manufacturing Data

U.S. stocks surged Friday after an upbeat measure of U.S. manufacturing propelled Wall Street to what looks like its best week this year.  The Dow Jones Industrial Average rose 168.43 points, or 1.36%, to 12,582.77, up 5.4% for the week. Up 5.6% from last Friday's close, the Standard & Poor's ...

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Stocks Saw Weekly Losses

U.S. stocks closed with broad losses on Friday after a gloomy jobs report strengthened the case the economy was slowing. The Dow Jones Industrial Average closed down 97.29 points, or 0.79%, to 12,151.26. The S&P 500 lost 12.78 points, or 0.97%, to 1,300.16. The Nasdaq Composite fell 40.53 points, or ...

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