Dow up due to manufacturing data ...
U.S. stocks on Thursday added to multiyear highs as investors assessed economic data, corporate reports and growing unrest in the Middle East.
“Everyone is holding their breath waiting for what is going to shake the market a bit, if the unrest in the Middle East isn’t going to do it. At least for the time being, the market seems to have a little wind at its back,” said Tim Evnin, a partner and portfolio manager at Evercore Wealth Management LLC.
“Corporate profits have been so strong, and then there is the posturing from the Fed that it’ll continue to support with liquidity that has overridden other concerns,” he added.
Dow Jones Industrial Average
(DJI: ^DJI )
| Index Value: | 12,318.14 |
| Trade Time: | 4:01PM EST |
| Change: | 29.97 (0.24%) |
| Prev Close: | 12,288.17 |
| Open: | 12,287.72 |
| Day's Range: | 12,253.24 -12,331.31 |
| 52wk Range: | 9,596.04 -12,357.50 |