You can now read 5 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

Snapshot

Factory, auto data help Dow set record

Continue reading below

The Dow closed at a record high after auto sales and factory data gave new evidence the economy is strengthening. The S&P 500 rose to within two points of its trading high of 1,576, reached in 2007. Traders plowed money back into European stocks as Cyprus appeared to stabilize. Gains abroad lifted US investors’ confidence. ‘Everyone was waiting to see if Europe had problems from Cyprus,’ said Peter Tchir, who runs TF Market Advisors. ‘Instead, we got the all-clear signal.’ Orders to US factories rose 3% in February, driven by demand for aircraft and autos. The gain, the biggest in five months, followed a revised 1% decline in January.

Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com
Already a subscriber?
Your city. Your stories. Your Globe.
Yours FREE for two weeks.
Enjoy free unlimited access to Globe.com for the next two weeks.
Limited time only - No credit card required!
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.
Thanks & Welcome to Globe.com
You now have unlimited access for the next two weeks.
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.