US stocks up on China data, Fed rate view

2009-11-11 14:42:50 GMT2009-11-11 22:42:50 (Beijing Time) SINA.com

U.S. stocks opened higher on Wednesday as better-than-expected economic data from China and comments from Federal Reserve officials on continued low interest rates buoyed investors' appetite for riskier investments.

The Dow Jones industrial average (.DJI) gained 47.76 points, or 0.47 percent, to 10,294.73. The Standard & Poor's 500 Index (.SPX) gained 6.43 points, or 0.59 percent, to 1,099.44. The Nasdaq Composite Index (.IXIC) gained 14.63 points, or 0.68 percent, to 2,165.71.

(Agencies)

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