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Wall Street News

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U.S. stocks rise after positive economic data

August 22, 2013

U.S. Stocks Rise on Jobless Claims

DOW JONES Performance today 08/22/2013

DOW JONES Performance today 08/22/2013

S&P 500's performance today 08/22/2013

S&P 500’s performance today 08/22/2013

Today – Wednesday 08/22/2013

  • U.S. stocks rose today after showing improvement in global manufacturing and the American labor market.
  • Initial jobless claims rose last week but still at a 5 year low.
  • U.S. factory activity climbed to a five-month high, and China and the eurozone reported positive data.
  • Overseas reports showed Germany led growth in manufacturing and services in the euro area, while a gauge for China’s factory output unexpectedly showed expansion.
  • All 10 S&P 500 sectors rose, led by energy and industrials.
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