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Dow climbs above record close on China spending

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Reuters Delhi, India

NEW YORK (Reuters) - U.S. stock rose at the start of trading on Tuesday as the Dow industrials climbed above a record closing high of 14,164.53l, buoyed by China's record spending plans.

The Dow Jones industrial average gained 60.29 points, or 0.43 percent, to 14,188.11. The Standard & Poor's 500 Index rose 8.74 points, or 0.57 percent, to 1,533.94. The Nasdaq Composite Index advanced 20.87 points, or 0.66 percent, to 3,202.90.

(Reporting by Chuck Mikolajczak; Editing by Kenneth Barry)

 

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First Published: Mar 05 2013 | 8:12 PM IST

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