S&P 500 starts Q4 with gains on manufacturing PDF Print E-mail
Monday, 01 October 2012 16:22
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The S&P 500 kicked off a new quarter with a modest rally on Monday, lifted by a surprising expansion in U.S. manufacturing in September.

 

The Dow Jones industrial average .DJI rose 77.91 points, or 0.58 percent, to end unofficially at 13,515.04. The Standard & Poor's 500 Index .SPX gained 3.80 points, or 0.26 percent, to finish unofficially at 1,444.48. But the Nasdaq Composite Index .IXIC slipped 2.70 points, or 0.09 percent, to close unofficially at 3,113.53.

Weakness in tech companies kept the Nasdaq in negative territory. Micron Tech (MU.O) fell 3.5 percent to $5.77 and JDS Uniphase (JDSU.O) lost 3.7 percent to $11.92.

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