Scoreboard: Bang-up job

Strong manufacturing data in the US and Europe gave global stocks a boost, while encouraging US unemployment figures fuelled Wall Street records.

There was no shortage of good news flow last night, and the subsequent rally was strong. In the US, initial jobless claims got the ball rolling, falling by almost 20,000 to 326,000 in the week to July 26 – a five-year low, and much better than the 345,000 expected.

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