INQUIRER.net: US stocks rise on solid economic data

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INQUIRER.net Philippine News for Filipinos

US stocks rise on solid economic data Jul 2nd 2013, 00:04 NEW YORK CITY—US stocks spent Monday in positive territory on generally strong manufacturing data, although leading indices closed well below their intraday highs.   The Dow Jones Industrial Average gained 65.36 (0.44 percent) at 14,974.96. The Dow rose as high as 15,083 earlier in the session.   The broad-based S&P 500 added 8.68 (0.54 percent) to 1,614.96, while the tech-rich Nasdaq Composite Index jumped 31.24 (0.92 percent) to 3,434.49.   Brent Schutte, a market strategist at BMO Private Bank, said the monthly Institute for Supply Management reading of US manufacturing activity was "pretty good."   The ISM purchasing managers inde... Keep on reading: US stocks rise on solid economic data Media files: Wall-Street.jpg (image/jpeg)

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