Positive Data Keeps The Bulls In Charge

Stocks are climbing again today as positive economic data keeps the bullish momentum intact.

S&P 500 futures are up about one-third of a percent, while most European indexes are higher by about 1 percent. Asian stocks were mostly higher overnight.

China reported a surprise trade deficit in March as imports surged 14 percent, stunning economists who had expected a surplus. Investors like the news, viewing it as evidence that consumer spending is finally starting to accelerate in the world’s most populous country. French industrial production also beat forecasts.

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