The United States stock market boomed yesterday despite 85 billion dollars in national spending cuts. Massive buy orders allowed Wall Street to reach record levels, supported by growth in the services sector and the confirmation that China will elevate its public spending in order to reach its GDP growth goal in 2013.
Several influencial companies have bounched back after savings cash on energy bills caused by successful digs in thousands of schist mines. What does the new record mean? It remains to be seen whether the US will continue its growth trend for the rest of this year.
