Stocks Higher but Fade in Afternoon

Market Close for 01 July 2013

by GEI Staff

Gary is on vacation this week.  The lead for U.S. stocks at Investing.com:

U.S. stocks rose on Monday after manufacturing data beat expectations though lingering uncertainty as to when the Federal Reserve will scale back its USD85 billion monthly asset purchasing programs trimmed earlier gains.  At the close of U.S. trading, the Dow Jones Industrial Average finished up 0.44%, the S&P 500 index ended up 0.54%, while the Nasdaq Composite index rose 0.92%.

Data released earlier painted a picture of a U.S. economy that is on the mend though still battling uncertainty.  The Institute for Supply Management said its manufacturing purchasing managers’ index rose to 50.9 from 49.0 in May, above expectations for a reading of 50.5.

Follow up:

Following are the data tables from Investing.com for major markets as of 5:50pm EST.  Click on any table for latest live streaming data at Investing.com.

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