News & Politics

Breaking: Wall Street Unexpectedly Happy Today

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Shares on Wall Street surged — surged, mind you! — today, surprising dour-faced predictors everywhere. Thanks to growth in China and Australia, maybe we won’t have to face Recession 2.0, a/k/a, “global economic sloooowwwdown” after all. Also, the U.S. manufacturing sector grew faster than expected last month. Take that, unemployment! Let’s hope the mood holds, ’cause Momma needs some new shoes. Update: Wall Street happy all day long. [NYT] [JDoll]