Stocks Surge to Start Second Quarter
NEW YORK (TheStreet) -- U.S. stocks rose on the first day of the new quarter, extending the year's winning streak, after data showed that domestic manufacturing continued to improve last month.
The Dow Jones Industrial Average gained 52 points, or 0.4%, to finish at 13,264. The blue-chip index ranged from 13,297 to 13,154 during the session, and is now up 8.6% in 2012.
The S&P 500 gained 10 points, or 0.7%, to close at 1419. The index is up 12.8% year-to-date, its best beginning in more than a decade. The Nasdaq tacked on 28 points, or 0.9%, to settle just shy of 3120.
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