Dow tops 26,000 as U.S., China data points to stabilizing global slowdown

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Dow tops 26,000 as U.S., China data points to stabilizing global slowdown
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U.S. stocks kicked off the week with strong gains on Monday after better-than-expected Chinese and U.S. economic data suggested the slowdown in the global...

U.S. stocks kicked off the week with strong gains on Monday after better-than-expected Chinese and U.S. economic data suggested the slowdown in the global manufacturing industry may be easing. The S&P 500 SPX, +1.16% climbed 1.2% to end near 2,867. The Dow Jones Industrial Average DJIA, +1.27% picked up 329 points, or 1.3%, to end around 26,258, based on preliminary numbers. The Nasdaq Composite COMP, +1.29% climbed 1.3% to end around 7,829.

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