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Good News for the Economy

By
Real Estate Agent with Keller Williams Capital District Real Estate

stock market

Tuesday the stock market stocks rose piercingly with upbeat earning reports and a new round of corporate deal making.

The US was not the only ones to celebrate as European markets also rose. European banking giant Barclay's brought relief to the market having stronger profits than previous.  Meanwhile Greece enters a economic crisis.  This may push investors back to the US as US Banking Reports have been actively improving over the past month. 

Approximately 4 stocks rose per every one stock that fell with the NYS stock exchange.  Gold and energy materials have rose along with gas and oil.  NY manufacturing index rose to 24.91 with the expectation of only 18.  Last month manufacturing index was at 15.92.

This is great news for our economy we can only hope it continues to get better. 

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