Stocks rise as US manufacturing expands
NEW YORK (AP) — Stocks rose today after a survey showed that U.S. manufacturing expanded at the fastest pace in almost four years. The report helped offset a weak survey on Chinese manufacturing.
The Standard & Poor's 500 index rose 10 points, or 0.6 percent, to 1,839 as of 2:43 p.m. Eastern time. The Dow Jones industrial average gained 102 points, or 0.6 percent, to 16,142. The Nasdaq composite climbed 24 points, or 0.6 percent, to 4,262.