Earnings Drive Ford Higher, Microsoft Surprises: Market Recap
U.S. stocks rose during trading on Thursday as continued signs that the economy’s growth has slowed fueled investor confidence that the Federal Reserve will continue with its $85 billion a month bond purchases for the foreseeable future. U.S. manufacturing didn’t increase as much as had been expected and more people filed for unemployment benefits last week than analysts had predicted. Investors are also closely watching third-quarter earnings reports.
Gold: +0.92% to $1,346.30 per ounce Oil: +0.20% to $97.05 per barrel U.S. 10-Year: +1.49 to 2.522