Tuesday, Jun 28, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Stock Market

Stocks rise as U.S. manufacturing recovers

NEW YORK — Encouraging signs of a pickup in manufacturing helped send the stock market higher.

It was the third straight gain for the market. The Standard & Poor’s 500 index beat its latest record high close set on March 7.

Ford rose after reporting higher sales for March and Intuitive Surgical jumped after regulators approved the company’s latest robotic surgery device.

The S&P 500 rose 13 points, or 0.7 percent, to close at 1,885 points today. Eight of the ten sectors in the index rose, led by consumer discretionary and technology stocks.

The Dow Jones industrial average rose 74 points, or 0.5 percent, to 16,532. The Nasdaq composite rose 69 points, or 1.6 percent, to 4,268.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.76 percent.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…