3 Sep 2013
Wall Street closes higher on US data, however Syria fixes the agenda
FXstreet.com (San Francisco) - The US stocks market closed higher on Tuesday as investors’ confidence was fueled by stronger than expected US economic data. However, the gains were limited as worries over Syria remains as US congress seems to be ready to approve Obama's attack.
Wall Street rose for third day in the last four on better-than-expected results from the manufacturing sector. ISM PMI Manufacturing was reported at 55.7 in August, beating expectations of 54.5. Markit Manufacturing PMI (August) came in at 53.1, missing estimates of 54.0, and compared with a figure of 53.7 previously.
The Dow Jones advanced 23.65 points or 0.16% to 14,833.96. The S&P 500 added 6.80 pts or 0.42% to 1,639.77. And the Nasdaq Composite rose 22.74 pts or 0.63% to 3,612.61.
Wall Street rose for third day in the last four on better-than-expected results from the manufacturing sector. ISM PMI Manufacturing was reported at 55.7 in August, beating expectations of 54.5. Markit Manufacturing PMI (August) came in at 53.1, missing estimates of 54.0, and compared with a figure of 53.7 previously.
The Dow Jones advanced 23.65 points or 0.16% to 14,833.96. The S&P 500 added 6.80 pts or 0.42% to 1,639.77. And the Nasdaq Composite rose 22.74 pts or 0.63% to 3,612.61.