Friday’s Mid-Day Movers: 3 Stories Driving Markets

  Google+  Twitter | + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

The markets were on a tear on Friday as strong earnings, a positive employment report, and optimistic manufacturing data from Europe and China helped pushed the Dow past 14,000 for the first time since 2007.

At 12:40 p.m.: DJIA: +0.98%, S&P 500: +0.95%, NASDAQ: +1.23%.

Here are three stories that helped fuel the optimism:Boxing Gloves

1) Despite Washington D.C. attracting attention to itself like a ring girl at MGM Grand, stocks came out of the corner swinging in January. With spending cuts in the fiscal cliff delayed, along with the debt ceiling, stocks logged a monthly performance worthy of record books. In January, the Dow Jones Industrial Average increased 5.8 percent to close at 13,860, while the S&P 500 gained 5 percent to finish just shy of 1,500. The Nasdaq climbed 4.1 percent higher.

Investors are making great returns as markets roar higher. Join the party. Click here to discover our Feature Stock Pick now!

It was the best January for the Dow since 1994 and the best for the S&P 500 since 1997. Both indices posted their best month since October 2011. According to TrimTabs Investment Research, nearly $80 billion flowed into stock mutual funds and exchange traded funds in January, the best monthly haul in at least a decade… (Read more.)

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business