INQUIRER.net: US stocks rise on better economic data

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US stocks rise on better economic data Aug 8th 2013, 22:28 NEW YORK CITY – US stocks Thursday snapped a three-day losing streak, catalyzed by stronger Chinese trade data and better sentiment on the European economy.   The Dow Jones Industrial Average gained 27.65 (0.18 percent) at 15,498.32.   The broad-based S&P 500 tacked on 6.57 (0.39 percent) to 1,697.48, while the tech-rich Nasdaq Composite rose 15.12 (0.41 percent) to 3,669.12.   Hugh Johnson, chief executive of Hugh Johnson Advisors, said the market was primed for a jump after notching three straight declines.   Chinese trade data for July showed that exports increased 5.1 percent year-on-year to $186.0 billion, while imports rose 10.9 per... Keep on reading: US stocks rise on better economic data Media files: Wall-Street6-1024x689.jpg (image/jpeg)

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