New York, NY (AP) - Stocks are starting October with moderate gains
after some encouraging signs on manufacturing.
Shares of big manufacturing companies like Boeing and GE rose
Friday after the Institute for Supply Management said its
manufacturing index showed that factory activity was still
expanding in September.
According to preliminary calculations, the Dow Jones industrial
average rose 42, or 0.4 percent, to close at 10,830.
The S&P 500 index rose 5, or 0.4 percent, to 1,146.24, and the
Nasdaq composite rose 2, or 0.1 percent, to 2,371.
About two stocks rose for every one that fell on the New York
Stock Exchange, where volume came to 1.1 billion shares.
(Copyright 2010 by The Associated Press. All Rights Reserved.)