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Business & Finance

US stocks gain ahead of economic data deluge

  • The broad based S&P 500 gained 1.2 percent to 3,337.45, while the tech-rich Nasdaq Composite Index gained 1.2 percent to 11,040.29.
Published September 28, 2020 Updated September 28, 2020 08:15pm
By

NEW YORK: Wall Street stocks rose early Monday, opening a week of extensive economic data releases on an upswing as a difficult September nears its conclusion.

About 30 minutes into trading, the Dow Jones Industrial Average was up 1.3 percent to 27,521.79.

The broad based S&P 500 gained 1.2 percent to 3,337.45, while the tech-rich Nasdaq Composite Index gained 1.2 percent to 11,040.29.

This week's economic calendar includes reports on US manufacturing and consumer confidence and culminates with the September employment report.

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