Economic Optimism Jumps With Dow Jones, China Trade Hopes: IBD/TIPP Poll

The IBD/TIPP Economic Optimism Index jumped 3.4 points to 56.6 into strongly optimistic territory at the start of July. A resurgent Dow Jones and rising hopes for a China trade deal fueled a bounce after trade fears had dragged down sentiment. Readings over the neutral 50 level reflect optimism. CONT.

Jed Graham, Investor’s Business Daily