INQUIRER.net: US stocks rise for 4th straight day

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INQUIRER.net Philippine News for Filipinos

US stocks rise for 4th straight day Jul 9th 2013, 23:33 NEW YORK CITY—US stocks Tuesday closed solidly higher for the fourth straight day as investors ignored the International Monetary Fund's lowered growth forecasts for the US and global economies.   The Dow Jones Industrial Average increased 75.65 (0.50 percent) to 15,300.34.   The broad-based S&P 500 added 11.86 (0.72 percent) to 1,652.32, while the tech-rich Nasdaq Composite Index rose 19.43 (0.56 percent) to 3,504.26.   The International Monetary Fund trimmed its world economic growth expectations for 2013 to 3.1 percent from the April forecast of 3.3 percent.   China and other emerging economic powers now face new risks, the IMF war... Keep on reading: US stocks rise for 4th straight day Media files: Wall-Street4.jpg (image/jpeg)

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