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The markets closed higher again yesterday with all of the major indexes making new highs across the board.
The Russell 2000 Small-Cap Index led the way with an outsized gain of 1.25%. As I've mentioned before, leadership gains in the more risky small-cap stocks is a strong vote of confidence for the market and is considered a very bullish sign.
More bullish news came in the way of yesterday's manufacturing reports where the PMI Manufacturing Index rose more than expected to 53.1, and the ISM Manufacturing Index jumped to 60.8, for its best reading in 13 years!
Construction Spending was also up, beating expectations along the way.
There is no doubt that the economy is heating up. And the market is reacting accordingly.
Traders also know that a wave of increased demand will soon be upon us as the Southeast and Puerto Rico rebuild from this year's devastating hurricane season.
The current and future economic demand is what's propelling stocks higher now, and should keep stocks trending up for some time to come.
See you tomorrow,
Kevin Matras
Executive Vice President, Zacks Investment Research
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The markets closed higher again yesterday with all of the major indexes making new highs across the board. 
