Dow Jones Analysis: November 21, 2014
ICM Brokers | Nov 21, 2014 01:39AM ET
Dow Jones
U.S. stocks rose on Thursday after Wall Street applauded a flurry of upbeat U.S. economic indicators, while buoyant revenue forecast from chipmaker Intel pushed up indices as well. At the close of U.S. trading, the Dow Jones rose 0.19%.Manufacturing activity in the Philadelphia-region expanded at its fastest rate since December 1993 in November, fueling optimism over the U.S. economic outlook, official data showed on Thursday. The Federal Reserve Bank of Philadelphia reported earlier that its manufacturing index improved to 40.8 this month from 20.7 in October. Separately, the Labor Department reported that the U.S. consumer price index was unchanged in October, beating expectations for a 0.1% dip.
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