Philly Fed Comes In Better Than Expected, 43.4 Versus 30.0

The March Philadelphia Fed Index and February leading indicators were both released, and both came in better than expected.

The Philly Fed Index for March came in at 43.4, versus expectations of 30.0. The prior month came in at 35.9.

Leading indicators for February came in at 0.8, versus expectations of 1.0%. The prior month was 0.1%.

Stocks are still higher this morning, with the Dow gaining 144 points, the S&P 500 is up 16 points, and the Nasdaq is up 33 points.