Factory Orders Jump On Overseas Demand; ETFs Could, Too
September 03, 2008 at 15:00 PM EDT
U.S. factory orders saw a big jump in July that could pay dividends down the line for related exchange traded funds (ETFs). New orders for items such as commercial aircraft, heavy machinery, iron and steel rose 1.3%, beating the 0.8% increase economists had been expecting, reports Martin Crutsinger for the Associated Press. It’s the fifth straight [...]