Improvement in the factory sector looked material last month. The overall level of durable goods orders jumped 3.0% and that followed an upwardly revised 1.9% December increase. Transportation spiked 15.6% in January after a 1.5% rise the month before. For the latest month, non-defense aircraft lifted-off to a monthly 126.0% increase; defense aircraft rose [...]

Back in mid-July, Intel gave us the first glimpses of a stronger than expected Q3. They made it clear then that Q3 growth would be anything but lackluster. On Friday they underscored that assertion by further raising their Q3 outlook. Now it’s likely that their strong growth will extend into Q4.
Intel also surprised [...]

Strong demand for communications equipment, machinery and fabricated metal led an upbeat durable goods report for April. Overall orders jumped by 1.9%.
Most analysts were wrong and had expected only a rise of 0.4%.
The bounce in new orders was broad but was led by communication equipment which alone was up 6.9 percent. Significant new [...]