Stocks rise as U.S. manufacturing recovers

  • Posted: Tuesday, April 1, 2014 4:47 p.m.

NEW YORK (AP) — Encouraging signs of a pickup in manufacturing helped send the stock market higher.

It was the third straight gain for the market. The Standard & Poor’s 500 index beat its latest record high close set on March 7.


Ford rose after reporting higher sales for March and Intuitive Surgical jumped after regulators approved the company’s latest robotic surgery device.

The S&P 500 rose 13 points, or 0.7 percent, to close at 1,885 points Tuesday. Eight of the ten sectors in the index rose, led by consumer discretionary and technology stocks.

The Dow Jones industrial average rose 74 points, or 0.5 percent, to 16,532. The Nasdaq composite rose 69 points, or 1.6 percent, to 4,268.

Bond prices fell. The yield on the 10-year Treasury note rose to 2.76 percent.

Notice about comments:

Salisburypost.com is pleased to offer readers the ability to comment on stories. We expect our readers to engage in lively, yet civil discourse. Salisburypost.com cannot promise that readers will not occasionally find offensive or inaccurate comments posted in the comments area. Responsibility for the statements posted lies with the person submitting the comment, not Salisburypost.com. If you find a comment that is objectionable, please click "report abuse" and we will review it for possible removal. Please be reminded, however, that in accordance with our Terms of Use and federal law, we are under no obligation to remove any third party comments posted on our website. Full terms and conditions can be read here.

Do not post the following:

  • Potentially libelous statements or damaging innuendo.
  • Obscene, explicit, or racist language.
  • Personal attacks, insults or threats.
  • The use of another person's real name to disguise your identity.
  • Comments unrelated to the story.