Stocks Hit All Time High on Red Hot Economy

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S&P 500 futures have risen to a new all time high today as bullishness returns to stock markets following some very positive economic data. Manufacturing last month rose to 64.7, up from 60.8 in February with any figure above 50 suggesting an expansion. Some 916,000 jobs were added last month in the United States, significantly more than the estimated 647,000. In Europe too manufacturing rose to 62 last month from 57 in February. That’s the fastest rate of growth in two decades. US President Joe Biden has come out with another $2 trillion infrastructure revival deal, with the whitehouse stating the plan will: “Fix highways, rebuild bridges, upgrade ports, airports and transit systems. The President’s plan will modernize 20,000 miles of highways, roads, and main-streets. It will fix the ten most economically significant bridges in the country in need of reconstruction. It also will repair the worst 10,000 smaller bridges,…

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