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.
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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