NEW YORK (Reuters) - U.S. stocks rose on Thursday after a reading on manufacturing activity hit almost a four-year high, while news on Facebook and Tesla drove their shares to record highs.
Based on the latest available data, the Dow Jones industrial average rose 92.67 points or 0.58 percent, to end unofficially at 16,133.23. The S&P 500 gained 11.03 points or 0.60 percent, to finish unofficially at 1,839.78. The Nasdaq Composite added 29.591 points or 0.7 percent, to close unofficially at 4,267.545.
(Reporting by Caroline Valetkevitch; Editing by Jan Paschal)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app