At 11:23 on November 24 EST, the Dow Jones industrial average rose 127.91 points to 11,164.28 points, or 1.16%; the Nasdaq composite index rose 45.08 points to 2,540.03 points, or 1.81%; the S & P 500 Index rose 14.44 points to 1,195.17 points, or 1.22%.
Investment institutions Jefferies & Co chief market strategist Art - Hogan (Art Hogan) said, "economic data show that the U.S. economy a little better than expected."
However, there are still worrying news from overseas, U.S. troops continue to advance the Korean Peninsula, the Irish government announced a new austerity plan.
U.S. labor markets have shown signs of improvement, so that investors rejoiced. U.S. Labor Department reported initial claims for unemployment benefits last week fell by 3.4 million to 40.7 million, the highest since July 2008 has been low, the market had expected a decline in 4000.
At the same time, the United States in October personal income rose 0.5%, the highest increase during the year, September personal income growth to zero. October consumer spending increased 0.4%.
However, durable goods orders data to put a downward pressure on the stock market. October durable goods orders fell by 3.3%, to last 3 months the second time since the fall, a decline in nearly two-year high, economists had expected growth of 0.1%.
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