America Breaking News: Factory Orders Rise, Hint at Stability in Manufacturing

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America Breaking News: Factory Orders Rise, Hint at Stability in Manufacturing

by Wochit 0:38 mins

America Breaking News: Factory Orders Rise, Hint at Stability in Manufacturing

by Wochit 0:38 mins

New orders for factory goods rose for a second straight month in May, adding to tentative signs of stabilization in manufacturing after a recent slowdown. NEW YORK (AP) ? U.S. stock futures are rising with industry watchers expecting automakers to post banner sales. Steven A. Cohen's $15 billion hedge fund SAC Capital Advisors posted a 1.5 pct gain in June, according to an investor familiar with the numbers.

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