Markets rose on Thursday.
The S&P 500 rose 0.8 percent to close at a record high, the STOXX Europe 600 rose 0.4 percent and the MSCI Asia Pacific Index rose 0.3 percent.
Stocks rose amid optimism about the economy.
With US private-sector employment jumping 253,000 in May, exceeding expectations, John Manley, chief equity strategist at Wells Fargo Funds, thinks “this is not a bad environment we are in”.
Meanwhile Chris Williamson, chief business economist at IHS Markit, wrote in a note that the “eurozone upturn is developing deeper roots as factories enjoy a spring growth spurt” as the eurozone manufacturing PMI was confirmed at 57.0, the highest level since April 2011.
No comments:
Post a Comment