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U.S. Manufacturing Hit Two-Year High in October

U.S. Manufacturing Hit Two-Year High in October (MarketWatch)

The Institute for Supply Management’s manufacturing index reached 57.3% in October, the highest level since April 2011. Global manufacturing surveys also indicated growth in Germany, the United Kingdom, Japan and Greece. Due to fears of Federal Reserve tapering in the face of strong economic data, stocks fell at this announcement.

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