The brisk start saw the unit gain after a February producer price report highlighted a pick-up in the pace of input costs to a 6.6% pace compared with one year ago.
Companies like Boeing and Lockheed Martin rallied on the report that showed a pick-up in orders may be on the horizon after the companies reported month-to-month decreases in aircraft orders.
Mike Shedlock of Global Economic Trend Analysis was the first to pickup several problems with the details of the report and his analysis is worth a read.
Small-cap growth guru Jim Oberweis of the Oberweis Report and Oberweis mutual funds thinks the second-half pick-up is no macroeconomic head fake, but he is letting go of stocks with sub-par growth prospects.
Customers at 30 locations in France are now able to order their meals using the McDonald's mobile app, pay for it via PayPal, then join a separate line to pickup their food, according to a Reuters report.
Barclays pointed out in a report on China energy demand back in October that improving industrial activities and new refining capacity in China are fueling the pickup in demand.