Manufacturing is healthier and stocks are searching the Dow up 231. Points the NASDAQ up 55 the S&P up 28. After investors aren't factory activity stand up for the first time in four months and crew for the thirteenth month in a row. The gain in the institute for supply management's index it was much better than expected. And Wells Fargo chief economist John Silvia says the report has eased fears that economic slowdown.
And maybe things aren't great but it happened not so bad yeah and -- changes psychology. It certainly is good for business tiring certainly is good for the American consumer.
And to employment reports show companies cut 101000 jobs last month but planned layoffs fell. A year after cash for clunkers had -- flocking to dealer showrooms. Auto makers are reporting their August sales figures sales of -- and GM's four remaining brands fell 11%. Chrysler says its sales increase 7% from very low levels a year ago I and Adrian Mitchell from the newsroom at marketwatch.com.
