Monday, November 1, 2010

U.S. Markets Higher on Strong Manufacturing Index

Shares on Wall Street rose Monday at the start of a week that is expected to bring long-awaited developments for financial markets with the midterm elections, expected changes in monetary policy and further insight into the nation’s jobs market.

Indexes opened higher in what some analysts are calling one of the biggest weeks in some time for market-moving events, and then it accelerated after new, upbeat reports on manufacturing, construction and corporate earnings.

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