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Article: FirstAlert(tm) Daily 11/3: Manufacturing Recovery?
- Article from:
- Investrend
- Article date:
- November 3, 2009
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Nov 03, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/11/03/firstalerttm-daily-113-manufacturing-recovery/)
- Commentary -
November 3, 2009 (FinancialWire) (By Philip Holmes) -- Stocks ended Monday's higher after a volatile trading session as investors weighed the lasting impact of the day's better-than-expected manufacturing data. As if to boost the bulls' case, Ford Motor Co. (NYSE: F) unexpectedly posted a third-quarter profit of $997 million.
The Dow Jones industrial average closed at 9,789.44, up by 76.71 points, while the Standard & Poor's 500-stock index gained 6.69 points on the day, to ...