Thursday, May 3, 2007

Stocks rise on factory orders

Stocks jump after factory order increase (AP)

The Time Warner building is shown Nov. 1, 2006 in a New York file photo. Media conglomerate Time Warner Inc. said Wednesday, May 2, 2007 its first-quarter profit slipped 18 percent, but beat Wall Street expectations as growth in its cable segment helped lift revenue by 9 percent. (AP Photo/Mark Lennihan, File)AP - Stocks jumped Wednesday, sending the Dow Jones industrials past 13,200 for the first time after a strong reading on U.S. factory orders stoked investor optimism about the economy.


U.S. factory orders rise sharply (AP)

Yahoo! News: Economy NewsYesterday at 10:18 PM
AP - Orders to U.S. factories surged in March by the largest amount in a year, an encouraging sign that the recent slowdown in manufacturing may be ending.
AP - Orders to U.S. factories surged in March by the largest amount in a year, an encouraging sign that the recent slowdown in manufacturing may be ending.

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