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Daily Data Flow

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U.S. manufacturing grew less than predicted last month, according to a new report, and that news sent stocks down to begin April.

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With the U.S. Market closed today for Good Friday, Daily Data Flow will wrap up its week with some snapshots of international monetary affairs.

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Data showing that economic growth slowed less than predicted and that concerns about Europe were easing were partially responsible for the S&P 500 closing at an all-time high.

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Concerns over Europe’s debt crisis, as exemplified by the Cyprus affair, lowered today, but not enough to result in an overall gain for stocks. The markets recovered from a dip earlier in the day, ending with only a slight loss.

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Thanks to forecast-beating durable goods orders in February and the biggest increase in home prices since 2006, U.S. stocks rose today, putting the S&P 500 back up near its all-time high.

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Investor optimism fell in the aftermath of Cypriot banks reaching a deal, causing U.S. stocks to fall for the day.

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