Stocks rise following report on manufacturing
Stocks are rising with investors getting a peek into the health of the U.S. manufacturing sector. The Dow Jones industrial average rose 70 points to 13,895 and the Nasdaq added 1 point to 3,152. The Standard & Poor's 500 shed less than a point to 1,502 after closing at a five-year record on Friday. U.S. companies placed more orders for long-lasting manufactured goods in December, a good sign for the economy heading into 2013. Orders for durable goods increased 4.6%, the Commerce Department said Monday, driven by a 10% gain in aircraft orders. Also on Monday, Caterpillar beat Wall Street expectations when a new purchase in China is discounted. Shares of the manufacturer rose 3% in morning trading.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here