DOW 14,000!

dow 14,000

Photo: Google Finance

Markets are surging.The Dow has broken through 14,000 for the first time since 2007.

There was a ton of bullish economic data this morning.

This comes after the January jobs report, which showed underwhelming gains in January, but huge upward revisions for December and November.

Consumer confidence unexpectedly jumped to 73.8, beating expectations for 71.5,

Construction spending jumped by 0.9 per cent in December, beating expectations for 0.7 per cent growth.

The ISM Manufacturing report smashed expectations jumping to 53.1 in January.  This came in the wake of a bullish U.S. PMI report.

SEE ALSO: 5 Cautionary Notes For Every Value Investor >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

markets moneygame-us