INQUIRER.net: US markets barrel to fresh records

INQUIRER.net Philippine News for Filipinos

US markets barrel to fresh records May 8th 2013, 23:57 NEW YORK—US stocks continued their upward climb Wednesday, riding positive economic data from Germany and China to new records.   The Dow Jones Industrial Average jumped 48.92 (0.32 percent) to 15,105.12.   The broad-based S&P 500 rose 6.73 (0.41 percent) to 1,632.69, its fifth consecutive record.   The tech-rich Nasdaq Composite Index added 16.64 (0.49 percent) to 3,413.27.   The gains came on a quiet day for US economic and business news. However, investors were heartened by positive German industrial production data and higher Chinese exports.   "Individual investors are regaining confidence," said Alan Skrainka, chief i... Keep on reading: US markets barrel to fresh records Media files: christopher-morie-nyse-wall-street.jpg (image/jpeg)

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