Positive manufacturing news pushes stock higher

04/16/2010 | Wall Street Journal, The

A report that manufacturing is improving in several regions helped push stocks into positive territory Thursday. Caterpillar rose 1% as a result of positive manufacturing data for the New York and Mid-Atlantic areas. It was not all good news, as jobless claims rose 24,000 to 484,000 in the week ended April 10, the Labor Department reported.

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