Strong Manufacturing Report Pushes Stocks Up

After a rocky day yesterday all three major indexes finished today in the green. Many stocks rose today due the the strong manufacturing report that showed manufacturing activity in October grew at its fastest rate in over two and a half years. While waiting for twitter to release its IPO this week, The Container Store released theirs and had a great day doubling their shares. Apple's (AAPL) iPad Air was released today in 42 countries and it seems to be readily available. Apple really hopes that this product will be a winner because the company continues to lose market share within the very crowded tablet market.
Instagram also released ads for their first time on their feeds today with Michael Kors (KORS) having one of the first ads on the social network app. Oil prices fell again today and many are predicting that we will see gas prices at $3 and below very soon.

Word on the Street

Interesting Tidbits

Published on Nov 1, 2013
By InvestorGuide Staff

Copyrighted 2020. Content published with author's permission.

Posted in ...