Partly reflecting a spike in the output of motor vehicles and parts, the Federal Reserve released a report on Friday showing U.S. industrial production increased by much more than expected in the month of March.
After reporting an unexpected contraction in New York manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Friday showing a substantial rebound in activity in the month of April.
NASDAQ still lower.
Remember, both those indices closed at record levels on Friday, so any gain today would be another record.
The S&P posted its 48th record close for the year on Friday. The Dow posted its 34th record close for the year.
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