Posts Tagged ‘ Quantitative easing ’

Rise in US industrial output drives markets higher

Sep 1st, 2010 | By | Category: News

• Dow Jones up 200 points as recession fears recede • But UK industrial orders lowest for nine months Share prices rose strongly in the City and on Wall Street after a stronger than expected showing by America’s factories last month helped ease concerns of a double-dip recessionin the world’s largest economy. Amid signs of relief in New York, the Dow Jones industrial average surged by more than 200 points following the release of the monthly snapshot of US manufacturing from the Institute for Supply Management