U.S. stocks rose late on Monday, narrowed slightly. But Wall Street still received the largest single-day rise since more than a month, so that the broader market a good start in the New Year ushered in the first trading day, the three major stock indexes were high in two years. Economic data show that the U.S. manufacturing sector expanded for the 17th consecutive month, boosted investor confidence in sustained economic recovery.
EST at 15:18 on January 3rd, the Dow Jones industrial average rose 97.82 points to 11,675.33 points, or 0.84%; the Nasdaq composite index rose 35.31 points to 2,688.18 points, or 1.33%; the S & P 500 Index rose 13.56 points to 1,271.20 points, or 1.08%.
Morgan Keegan investment institutions, executive director of fixed income executive director Kevin - Ji Disi (Kevin Giddis) said, "The market optimism, the end of 2010 continued into 2011."
Its highest intraday Dow up nearly 134 points, rose to 11,711.47 points, the highest since August 2008 a new high. The Nasdaq rose to its highest at 2704.86 points, the highest 3-year high. The highest S & P 500 Index rose to 1276.35 points, a two-year high. Crude oil futures prices have exceeded $ 92 maximum, also create a two-year high.