China data helps US stocks

Posted by 7Star Wednesday, January 13, 2010

US industrial shares lifted the Dow and the S&P 500 on Monday to new 15-month highs after China bolstered expectations the world economy would strengthen, but Nasdaq fell on profit-taking in tech stocks. China reported record imports of some commodities and stronger-than-expected exports, boosting US companies with large international operations like construction machinery maker Caterpillar Inc.

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