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Tell Us Something We Don’t Know: Dow Gains 150 Points as Manufacturing Activity Soars
Barron’s ^ | October 2, 2017 | Ben Levisohn

Posted on 10/02/2017 3:15:34 PM PDT by John W

The S&P 500 rose 0.4% to 2529.12 today, while the Dow Jones Industrial Average gained 152.51 points, or 0.7%, to 22,557.60. The Nasdaq Composite advanced 0.3% to 6516.72. All three major indexes closed at record highs. And just so no one can complain that only big stocks are driving the rally, the small-cap Russell 2000 rise 1.2% to 1509.47, closing at a record of its own.

Signs of economic strength will do that. This morning, we learned that the Institute for Supply Management's Manufacturing indexhad surged to 60.8, the highest level since 2004 and above forecasts for 58.1. And the U.S. wasn't alone in reporting strong manufacturing data, as China and Europe also joined the fun.

(Excerpt) Read more at barrons.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS:

1 posted on 10/02/2017 3:15:34 PM PDT by John W
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To: John W

2 posted on 10/02/2017 3:18:38 PM PDT by Beowulf9
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To: Beowulf9

Donald Trump is the reason why Wall Street is better than it was during the Obama Regime.


3 posted on 10/02/2017 3:20:12 PM PDT by Responsibility2nd
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To: John W

This winning is exhausting.

Hell, I just put in an order that closes my month of October at 350%!!!!

And it’s only the 1st day of the business month.

Freakin tired too...


4 posted on 10/02/2017 3:21:42 PM PDT by Vendome (I've Gotta Be Me - https://www.youtube.com/watch?v=wH-pk2vZG2M)
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To: Beowulf9

Great.

Now, I’ll be singing different versions of “Fly me to the Moon”


5 posted on 10/02/2017 3:22:31 PM PDT by Vendome (I've Gotta Be Me - https://www.youtube.com/watch?v=wH-pk2vZG2M)
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To: John W

Remember when we were told that the markets would crash if Trump was elected?


6 posted on 10/02/2017 3:22:41 PM PDT by SamAdams76
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To: John W

It’s the Trump energy policy.


7 posted on 10/02/2017 3:23:38 PM PDT by spokeshave (The Fake Media tried to stop us from going to the White House, I am President and they are not. DJT)
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To: Beowulf9

My IRA is where it was 15 years ago,
which is fantastic considering I have
been drawing down from it every year.


8 posted on 10/02/2017 3:42:17 PM PDT by sparklite2 (I'm less interested in the rights I have than the liberties I can take.)
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To: spokeshave

Exactly.


9 posted on 10/02/2017 3:46:28 PM PDT by henkster (The View: A psychiatric group therapy session where the shrink has stepped out of the room.)
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To: Beowulf9

Two days from now I’m going to the dealership to order a new 2018 loaded Lincoln Navigator, and my brokerage account has,paid for it in the last two months.


10 posted on 10/02/2017 3:55:12 PM PDT by libstripper
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To: SamAdams76
Remember when we were told that the markets would crash if Trump was elected?

Yup. Remember "funemployment", "staycation", and the MSM's positive spin during the previous administration?

11 posted on 10/02/2017 3:57:38 PM PDT by TwelveOfTwenty (Prayers for our country and President Trump)
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To: spokeshave

Energy is important. So too de-regulation. Also, the rule of law is important.


12 posted on 10/02/2017 4:14:32 PM PDT by ChessExpert (NAFTA - Not A Free Trade Agreement)
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To: Responsibility2nd
'Donald Trump is the reason why Wall Street is better than it was during the Obama Regime.'

Give it time. The dow ran up under obama as did the national debt. I did well, others did not.

13 posted on 10/02/2017 5:28:05 PM PDT by Theoria (I should never have surrendered. I should have fought until I was the last man alive)
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