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Global Markets Update: Markets Up on Manufacturing Data

Wednesday, 1 Feb 2012 | 11:40 AM ET

The market moves higher as positive manufacturing data continues. ADP says January private sector jobs were up 170,000. Ford and Chrysler see sales growth in January. Seagate expects unit shipments top jump by nearly a third this quarter. Northrop Grumman 4th quarter profit more than doubles. And Whirlpool provides optimistic commentary for the year. Meanwhile, Amazon guidance disappoints the Street and the company's stock takes a 9 percent hit.