Industrial output soars, markets close higher

Industrial output surged 1.1% last month while factory output climbed 1.2%. The markets closed higher with the Dow climbing 72 points to 24,946.

Industrial output surged 1.1% last month while factory output climbed 1.2%. The markets closed higher with the Dow climbing 72 points to 24,946. Nasdaq held steady at 7481 while S&P 500 rose 4 points to 2752. The 30-year bond eased as the yield edged up to 3.077%.


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