24 Dec 2013
US stocks advance after strong durable goods orders
FXstreet.com (Córdoba) - US stocks rose Tuesday in a shortened session ahead of the Christmas holiday underpinned by stronger-than-expected durable goods orders.
Durable goods orders rose 3.5% in November, surpassing market expectations of a 2.0% rise, boosting optimism.
In pre-Christmas trade, the Dow Jones Industrial Average gained 47 points, or 0.3%, to 16342 after closing at a fresh record high Monday. The S&P 500, which also closed at a record high on Monday, rose 4 points, or 0.3%, to 1833 while the Nasdaq Composite Index added 3 points, or 0.1%, to 4152.
The market is scheduled to close at 18:00 GMT.
Durable goods orders rose 3.5% in November, surpassing market expectations of a 2.0% rise, boosting optimism.
In pre-Christmas trade, the Dow Jones Industrial Average gained 47 points, or 0.3%, to 16342 after closing at a fresh record high Monday. The S&P 500, which also closed at a record high on Monday, rose 4 points, or 0.3%, to 1833 while the Nasdaq Composite Index added 3 points, or 0.1%, to 4152.
The market is scheduled to close at 18:00 GMT.