Markets

Global Markets Overview –3/4/2013

Friday night saw both the Dow and the S&P 500 finish in the green, with the Dow rising to its highest level in five years.

This occurred as US economic data outshone US and European political dramas.

On the open, the Dow, the S&P and the Nasdaq all looked like following Europe and Asia down as sequester headlines dominated business media. However, the release of the consumer sentiment figures were followed immediately by the much-watched manufacturing PMI index (which showed strong expansion at 54.2) and the US markets took off.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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