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S&P 500 closes at record after manufacturing data

Started by riky, April 02, 2014, 09:00:18 AM

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riky

S&P 500 closes at record after manufacturing data

<p><a href="http://news.yahoo.com/wall-street-open-higher-manufacturing-data-tap-125403054--sector.html"><img src="http://l2.yimg.com/bt/api/res/1.2/DzdbVGF6Ezupke9R9YWGXQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-04-01T202300Z_1_CBREA301ITY00_RTROPTP_2_USA.JPG" width="130" height="86" alt="Traders work on the floor of the New York Stock Exchange" align="left" title="Traders work on the floor of the New York Stock Exchange" border="0" /></a>By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks rose for a third straight session on Tuesday, with the S&amp;P 500 ending at a record close, after positive data on factory activity indicated economic growth was gaining traction following a harsh winter. Gains were broad, with areas of the market closely tied to the pace of economic growth among the day's leaders. Among other groups, the PHLX housing sector index rose 1.6 percent and the Nasdaq biotechnology index added 2.1 percent. The Institute for Supply Management (ISM) said its index of national factory activity rose to 53.7 in March, its second straight monthly acceleration.</p><br clear="all"/>

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