The stock market kicked off the new year with a bang by posting solid gains on the first trading day of 2012 as investors sent their cash back to work in hopes that an improving U.S. economy may end the financial turbulence that characterized 2011.
Fresh data Tuesday seemed to confirm a series of earlier reports, including last month’s sharp drop in the jobless rate, that the economy is slowly mending. U.S. manufacturers ended 2011 with the strongest showing since late spring. A rise in new orders suggested that momentum could carry over into 2012. Spending on construction projects rose for the third time in four months.
More
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
No comments:
Post a Comment