All three market indices rose slightly on Monday.
Index |
Change |
Ending Value |
---|---|---|
Dow Jones Industrial Average |
+32.77 [+0.27%] | 12,359.92 |
Nasdaq (IXIC) | +2.34 [+0.09%] | 2,676.56 |
S&P 500 |
+2.89 [+0.23%] | 1,280.70 |
Alcoa
That continues the string of economic data suggesting that manufacturing demand may be remaining resilient despite the crisis in Europe. Last week saw reasonably strong December jobs figures -- 200,000 net jobs gained -- as well as upbeat sales reports from each of the "Big 3" automakers.
Alcoa's projection is good news for Caterpillar
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