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Markets

US stocks rally on US economic data

Published Updated

 NEW YORK: US stocks rallied Thursday, boosted by positive fresh data pointing to resilience in the US economy.

The Dow Jones Industrial Average jumped 135.63 points (1.12 percent) to 12,287.04 in closing trade.

The broader S&P 500 added 13.37 points (1.07 percent) to 1,263.01, while the Nasdaq Composite gained 23.76 points (0.92 percent) to 2,613.74.

Copyright AFP (Agence France-Presse), 2011

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