US STOCKS SNAPSHOT - Market up after services data, Dow sets record
|
Last Updated: Wed, Mar 06, 2013 02:48 hrs
NEW YORK, March 5 (Reuters) - U.S. stocks extended gains as the Dow set an intraday record high and the Nasdaq briefly gained more than 1 percent after data showed the pace of growth in the U.S. services sector grew at its fastest rate in a year.
The Dow Jones industrial average gained 113.78 points, or 0.81 percent, to 14,241.60. The Standard & Poor's 500 Index rose 12.57 points, or 0.82 percent, to 1,537.77. The Nasdaq Composite Index climbed 31.32 points, or 0.98 percent, to 3,213.35.
most popular on facebook
talking point on sify finance
today's most read on sify finance
- Government exempts excise duty on indigenous goods sold at duty-free shops Read 190 Times
- Subbarao grilled over busting of Saradha Read 178 Times
- Gold down by Rs 50 on sluggish demand, weak global cues Read 121 Times
- Nude maid service raising eyebrows in Texas city Read 118 Times
- Gold futures edge lower; mute physical buying Read 86 Times
