Dow rises as industrial production stabilises

Experts are predicting companies may not cut back on manufacturing as deeply this quarter, bolstering consumer confidence. The output of factories, mines and utilities decreased by 0.5% last month - the slowest drop in the rate for six months. Aluminium producer Alcoa's shares have responded positively to the news, adding 3.78% to $9.07 while manufacturing equipment giant Caterpillar has gained 2.22% to £36.87. US financials Citigroup and American Express have risen 2.54% to $3.64 and 1.86% to $25.18 respectively. Bank of America Corp is up 1.68% to $11.51. However, Pfizer is the bigg...