Friday, June 1, 2007

US stock indexes gain as data lifts economic outlook

(Reuters) - U.S. stocks rose on Friday, pushing the Dow industrials to an all-time high, as reports pointing to a recovering economy, including stronger-than-expected job growth, lifted optimism about the outlook for profits.

The number of payroll jobs created by employers in May outstripped Wall Street's forecasts. Data on U.S. manufacturing and consumer sentiment also rose more than forecast.


Read more at Reuters Africa

No comments: