Optimism in US Economy Pushes Dow to Best Week in 2 Years

Optimism in US Economy Pushes Dow to Best Week in 2 Years

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20-dollar-billsA rebound in manufacturing surprised investors Friday, sending the Dow Jones industrial average up nearly 170 points to end the week with its best gain in two years.

The rally started Monday after Nike reported strong quarterly results indicating that shoppers were still splurging on more expensive sneakers and sportswear.

A report on Friday from the Institute for Supply Management showed that manufacturing across the country had expanded.

(READ the story in the New York Times)

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