Modern-day meeting of the Federal Open Market ...

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The Philadelphia Federal Reserve Bank said its index gauging manufacturing conditions read 17.6 in February. That marks a rise from 15.2 in January and tops a consensus forecast anticipating a reading of 17, according to figures provided by Briefing.com.

The index, which held positive for a sixth-straight month, is also well-above year-ago levels when the gauge slumped at -36.1. More >