Contact Us
Make My Homepage

Stocks Rise Following Expansion in Manufacturing

Stocks are ending mostly higher on Wall Street following a surprisingly strong increase in U.S. manufacturing last month.

Wall Street
PhotoLink, Getty Images

The expansion came after four months of declines.

The Dow Jones industrial average rose 78 points to close at 13,515 Monday. The Dow had been up as much as 161 points but gave up most of that gain in the afternoon.

The rally faded after Fed Chairman Ben Bernanke said the central bank needs to keep interest rates low because the economy isn’t growing fast enough to reduce high unemployment.

The Standard & Poor’s 500 index rose four points to 1,444. The Nasdaq composite fell three to 3,114.

Three stocks rose for every two that fell on the New York Stock Exchange. Trading volume was lighter than average at 3.3 billion shares.

 

(Copyright 2012 by The Associated Press.  All Rights Reserved.)

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://nj1015.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!