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Tag Archives: stock market

Stock markets ‘boom’ despite General Motors going bust

Last night, news of the ‘stock market boom’ spread fast and hard. As the markets closed, strong rises were evident all over the world, in China, the UK and the US. Oil prices soared, reaching their highest level this year, and the Pound regained some lost ground on the Euro and the Dollar. Manufacturing Boom. US car giant, General Motors, may have entered bankruptcy protection yesterday, but all is not lost for UK manufacturing. The Purchasing Managers’ Index (PMI) shows that, although manufacturing is still shrinking a shrinking sector, the …

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