NEW YORK—Machinery stocks closed up Friday, while the overall market turned in a mixed performance after the release of a report showing factory orders increased in March following two months of declines.
In addition, a separate report showed the nation's employers cut far fewer jobs than expected last month, stirring optimism about the buoyancy of the economy.
How some machinery stocks closed Friday:
Manitowoc Co., up 85 cents, or 2.2 percent, at $39.57.
Terex Corp., up $1.72, or 2.4 percent, at $72.28.
Cummins Inc., up $1.43, or 2.2 percent, at $67.13.
Caterpillar Inc., up 45 cents at $82.80.
Deere & Co., up 84 cents at $85.24.
© Copyright 2008 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
