US stocks rise on factory data – Morningstar.com

US stocks rise on factory data – Morningstar.com

By Anna Hirtenstein and Ben Eisen 

U.S. stocks rose on Tuesday after manufacturing data showed the economy continued to rebound after the coronavirus shutdown.

The S&P 500 rose 0.5%, starting in September with modest gains after its best August since 1986. The Nasdaq Composite rose 1.2% per day after the high tech index closed to a record. The Dow Jones Industrial Average rose 0.5%.

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