U.S. stocks rose in CFD’s accounts as the biggest increase in jobs in three years and growth in home sales boosted optimism about this economy; Standard & Poor’s 500 Index reached an 18-month high.
The Dow Jones Industrial Average climbed 46.48 points, or 0.4 percent, to 10,973.55. Almost four stocks rose for each that fell on U.S. exchanges. Some economists predict that is the beginning of a new positive trend that could last for some weeks.
American Express Co. and Caterpillar Inc. increased at least 1.4 percent to lead gains that also sent the Dow Jones Industrial Average to the highest level since September 2008. Apple Inc. advanced 1.1 percent after saying it sold 300,000 iPads on the device’s first day of availability; it shows a considerable improvement of consumer´s expenditures.