No one is likely to order any ball caps emblazoned with “Dow 33K,” but America’s most well-known stock index cleared another 1,000-point milestone on Wednesday. The Dow Jones Industrial Average DJIA, +0.58% ended the day up 189.42 points, a gain of 0.6%, to close at a record 33,015.37, just five …
Read More » The numbers: American manufacturers grew in February at their fastest pace since the onset of the pandemic and are increasingly optimistic about the economy, a closely followed survey showed. The Institute for Supply Management said its manufacturing index climbed to a two-year high of 60.8% last month from 58.7% in January. …
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As business activity jerked to a halt in March, American companies began using the credit lines they took out from banks to stay afloat. The chart above shows the week-over-week changes in usage of what’s known as “commercial and industrial loans,” and as BCA Research analysts commented in a Tuesday …
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