Reuters
03 Jun 2026, 14:38 UTC · 3h ago
US factory orders post biggest gain in 11 months in April
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Reuters
03 Jun 2026, 14:38 UTC · 3h ago
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Story key points
2 claims · impact-rated
U.S. factory goods new orders saw their largest increase in nearly a year in April. — Significant growth in new orders signals robust industrial demand and potential GDP growth, which is generally bullish for equities.
+0.60Strong demand for commercial aircraft contributed to the surge in factory orders. — Specific strength in the aerospace sector provides a positive catalyst for aerospace and defense stocks.
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