Will the positive earnings lift the US stocks?
By dobstar
@dobstar (56)
February 2, 2010 5:58pm CST
Encouraging results from the United Parcel Service and the homebuilding sector pushed the US stocks higher on Tuesday. Wall St. dipped in and out of the red in early trading but, by midday, the S&P 500 was up 0.7% to 1,096. However, the market staged a recovery on Monday after last months's ISM data showed the strongets levle of manufacturing activity for six years. Shall we consider that news in favor for the American Dollar and economy?
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