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Market recap: Stocks finished mostly higher after a report on factory activity showed an...

Market recap: Stocks finished mostly higher after a report on factory activity showed an unexpected expansion and Bernanke defended Fed policies and its employment focus. Weakness in techs pulled Nasdaq lower. Crude oil added 0.3% to $92.48; gold gained 0.5% to $1,783, retreating from an intraday high for the year hit earlier in the day. NYSE advancers led decliners seven to five.
Comments (1)
  • june1234
    , contributor
    Comments (2573) | Send Message
     
    this morning I read China, France, Spain and Greece manufacturing sectors all continuing to contract and the US one after 3 months of contracting comes in barely over the expansion level; market was up 157 points this morning on that not as bad as expected news. This stuff should be on comedy central.
    1 Oct 2012, 06:07 PM Reply Like
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