Stocks climb at open on China and U.S. data (Reuters)
19:47
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NEW YORK (Reuters) – Stocks held gains on Wednesday after data showed an improvement in construction spending while manufacturing activity expanded for the 16th consecutive month.
The Dow Jones industrial average (.DJI) gained 194.85 points, or 1.77 percent, to 11,200.87. The Standard & Poor's 500 Index (.SPX) climbed 19.86 points, or 1.68 percent, to 1,200.41. The Nasdaq Composite Index (.IXIC) rose 48.36 points, or 1.94 percent, to 2,546.59.
(Reporting by Chuck Mikolajczak; editing by Jeffrey Benkoe)
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