Thursday 16 February 2012

Wall Street edges up at open on data, China (Reuters)

NEW YORK (Reuters) ? Stocks edged up at the open on Wednesday after better-than-expected New York Fed manufacturing data and remarks that reiterated China's commitment to investing in euro zone debt.

The Dow Jones industrial average (.DJI) edged up 19.29 points, or 0.15 percent, at 12,897.57. The S&P 500 Index (.SPX) added 3.96 points, or 0.29 percent, at 1,354.46. The Nasdaq Composite (.IXIC) rose 12.31 points, or 0.42 percent, at 2,944.14.

Gains were capped after a separate report showed U.S. industrial production was unexpectedly flat in January.

(Editing by Jeffrey Benkoe)

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/nm/20120215/bs_nm/us_markets_stocks

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