Moody's Upgrade, Strong Economic Data Thrived Sentiment

Financial markets jumped on strong US economic data and Moody’s raised US’ credit rate outlook to stable from negative. Wall Street soared with both DJIA and S&P 500 indices rising to record highs, gaining +0.5% each. Little news was seen from Fed Chairman Bernanke’s testimony before the Senate.

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Moody's Upgrade, Strong Economic Data Thrived Sentiment