U.S. Stocks Advance on Economic Data as Euro, Pound DropStephen Kirkland, Sarah Pringle and Lu Wang
U.S. stocks rose, reversing early losses, as consumer confidence increased and manufacturing grew at the fastest pace since June 2011, easing concern about the economy as $85 billion of federal spending cuts were set to begin. Commodities fell and the pound and euro slumped.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.