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Markets Are Climbing Higher

Feb 20, 2014, 23:45 IST

Flickr/quintanomedia

Markets are higher this afternoon, with the S&P 500 10 points, or about 0.6%.

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The Dow up 110 points, or 0.7%.

This comes after a mix of economic data.

The Philadelphia Fed index plunged 15.7 points to -6.3 in February, well below expectations.

But U.S. manufacturing conditions improved, according to Markit's Flash U.S. PMI reading. Over in China, manufacturing conditions fell to a seven-month low.

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January U.S. inflation numbers came in right in line with expectations, as did weekly jobless claims.

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