NEW YORK — Stocks rose Thursday, extending their gains from the day before, after reports on housing, manufacturing and jobs all indicated that the economy continues to grow.
The Dow Jones industrial average rose 50 points, having jumped 254 on Wednesday thanks to strong reports on manufacturing in the U.S. and China. Broader indexes also rose.
The Dow rose 169.67, or 1.7 percent, to 10,268.81. The Standard & Poor’s 500 index rose 19.36, or 1.8 percent, to 1,094.87, while the Nasdaq composite index rose 30.66, or 1.4 percent, to 2,214.19.
About five stocks rose for every one that fell on the New York Stock Exchange, where consolidated volume came to 4.2 billion shares, down from 4.5 billion Friday.
The dollar fell. Crude oil jumped $2.88 or 4 percent to settle at $77.01 a barrel.
The Dow Jones industrial average closed below 10,000 for the first time in three months Monday on nagging concerns about debt loads in Europe.
The Dow, down almost 104 points, had its 10th triple-digit move in 16 trading days. Shares of big banks pulled the market lower, extending a slump that has led to four straight weekly losses.
The Dow fell 115.70, or 1.1 percent, to 10,120.46.
The Standard & Poor’s 500 index fell 12.97, or 1.2 percent, to 1,084.53, while the Nasdaq fell 42.41, or 1.9 percent, to 2,179.00.
Benchmark crude for March delivery fell 3 cents to settle at $73.64 a barrel on the Nymex.
The Dow Jones industrial average rose 41.87, or 0.4 percent, to 10,236.16.
The Standard & Poor’s 500 index rose 5.33, or 0.5 percent, to 1,097.50, while the Nasdaq composite index rose 17.68, or 0.8 percent, to 2,221.41.
Benchmark crude for March delivery fell $1.04 to settle at $73.67 a barrel on the New York Mercantile Exchange.
The Dow Jones industrials rose 23.88, or 0.2 percent, to 10,196.86 after being up as much as 84 points. The fluctuations were modest, however, after five straight days in which the Dow moved by more than 100 points.
The Dow fell 213.27, or 2 percent, to 10,389.88, its biggest point and percentage drop since Oct. 30.
The broader Standard & Poor’s 500 index fell 21.56, or 1.9 percent, to 1,116.48. The Nasdaq composite index fell 25.55, or 1.1 percent, to 2,265.70.
The Dow fell 122.28, or 1.1 percent, to 10,603.15. The Dow had been down as much as 208 points.
The broader S&P 500 index fell 12.19, or 1.1 percent, to 1,138.04, and the Nasdaq composite index fell 29.15, or 1.3 percent, to 2,291.25.
The Dow rose 115.78, or 1.1 percent, to 10,725.43.
The broader Standard & Poor’s 500 index rose 14.20, or 1.3 percent, to 1,150.23. It was the highest close for the Dow and the S&P 500 index since Oct. 1, 2008. The Nasdaq composite index rose 32.41, or 1.4 percent, to 2,320.40.
The Dow rose 53.51, or 0.5 percent, to 10,680.77. The index traded above 10,700 for the first time since Oct. 3, 2008.
The broader Standard & Poor’s 500 index rose 9.46, or 0.8 percent, to 1,145.68, and the Nasdaq composite index rose 25.59, or 1.1 percent, to 2,307.90.
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