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Wall Street rallies on upbeat China, U.S. manufacturing data
U.S. stocks rallied on Monday, starting off the second quarter on a strong note, as upbeat manufacturing numbers from China and the United States eased worries about slowing global growth. The benchmark S&P 500 index, which is only 2.2 percent below its record closing high in September, triggered a "golden cross" pattern, in which its 50-day moving average crosses above its 200-day moving average. Gains in global equities were spurred by data showing that China's manufacturing sector unexpectedly returned to growth in March for the first time in four months.
https://finance.yahoo.com/news/wall-street-opens-higher-trade-133635266.html?.tsrc=rss
U.S. stocks rallied on Monday, starting off the second quarter on a strong note, as upbeat manufacturing numbers from China and the United States eased worries about slowing global growth. The benchmark S&P 500 index, which is only 2.2 percent below its record closing high in September, triggered a "golden cross" pattern, in which its 50-day moving average crosses above its 200-day moving average. Gains in global equities were spurred by data showing that China's manufacturing sector unexpectedly returned to growth in March for the first time in four months.
https://finance.yahoo.com/news/wall-street-opens-higher-trade-133635266.html?.tsrc=rss
