down the unemployment rate. we ll have more on that in a moment. those two events led to volatile trading here on wall street. the dow rose about 78 points, but was up as much as 155 points earlier. the nasdaq drifted in and out of positive and negative territory, finally losing more than 2.5 points, and the s&p rose almost four points. and, as suzanne pratt reports there are conflicting views on the state of american manufacturing. reporter: from cardboard boxmakers, to icemakers, to uniform manufacturers, factories across the u.s. are once again humming with activity. sure, the pace of production is slow but, there are some hopeful signs about the future. namely, the new orders index jumped to 52.3 in september from 47.1 in august. that suggests production will be humming this month and in november. in the last few years, manufacturing has been something of a sweetspot for the u.s. economy, which is usually the case after a recession. but, over the summer, fact y activity
not growing fast enough to bring down the unemployment rate. we ll have more on that in a moment. those two events led to volatile trading here on wall street. the dow rose about 78 points, but was up as much as 155 points earlier. the nasdaq drifted in and out of positive and negative territory, finally losing more than 2.5 points, and the s&p rose almost four points. and, as suzanne pratt reports there are conflicting views on the state of american manufacturing. reporter: from cardboard boxmakers, to icemakers, to uniform manufacturers, factories across the u.s. are once again humming with activity. sure, the pace of production is slow but, there are some hopeful signs about the future. namely, the new orders index jumped to 52.3 in september from 47.1 in august. that suggests production will be humming this month and in november. in the last few years, manufacturing has been something of a sweetspot for the u.s. economy, which is usually the case after a recession. but,
it was the fastest pace of production since may. but that upbeat news was overshadowed by comments from federal reserve chief ben bernanke, saying the economy is not growing fast enough to bring down the unemployment rate. we ll have more on that in a moment. those two events led to volatile trading here on wall street. the dow rose about 78 points, but was up as much as 155 points earlier. the nasdaq drifted in and out of positive and negative territory, finally losing more than 2.5 points, and the s&p rose almost four points. and, as suzanne pratt reports there are conflicting views on the state of american manufacturing. reporter: from cardboard boxmakers, to icemakers, to uniform manufacturers, factories across the u.s. are once again humming with activity. sure, the pace of production is slow but, there are some hopeful signs about the future. namely, the new orders index jumped to 52.3 in september from 47.1 in august. that suggests production will be humming this mon
but that upbeat news was overshadowed by comments from federal reserve chief ben bernanke, saying the economy is not growing fast enough to bring down the unemployment rate. we ll have more on that in a moment. those two events led to volatile trading here on wall street. the dow rose about 78 points, but was up as much as 155 points earlier. the nasdaq drifted in and out of positive and negative territory, finally losing more than 2.5 points, and the s&p rose almost four points. and, as suzanne pratt reports there are conflicting views on the state of american manufacturing. reporter: from cardboard boxmakers, to icemakers, to uniform manufacturers, factories across the u.s. are once again humming with activity. sure, the pace of production is slow but, there are some hopeful signs about the future. namely, the new orders index jumped to 52.3 in september from 47.1 in august. that suggests production will be humming this month and in november. in the last few years, manufa
commission for special help. exchange rules set strict limits on when trades can be reversed. in knight s case, the rules say trades made by mistake that are more than 30% off of the real market price can be undone. knight wanted more trades busted, but regulators said no. the message was clear. once you make a trade, unless something has gone incredibly wrong. your word is your bond. you make a trade, you are expected to live up to it. people familiar with the matter say regulators are sending a clear message to investors: the rules on erroneous trades are meant to provide markets with certainty and they worked in this case. another message: firms need to have incentives to be careful and what happened to knight is a big incentive. right now i think that every i.t. manager is going to his boss and saying, give me a bigger budget so i make sure this isn t going to happen here. reporter: but that does not reassure critics who fear wall street firms have created computer