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Dow Closes Up Big

HILSENRALLY

On economic data and Fed news.

Despite some global markets struggling (Japan) the Dow Jones Industrial Average closed up 180 points to finish the day above the 15,000 threshold. Better-than-expected retail and jobs numbers provided some of the push for the market. However, investors really jumped with the arrival of Jon Hilsenrath’s Wall Street Journal piece announcing the Fed is pushing back against market expectations of a rate increase.

Read it at Reuters