Updated from 4:15 p.m. ESTStocks in New York closed higher Wednesday, despite foreboding unemployment numbers in the U.S., as an assist from China lifted the blue-chip indices off of multiyear lows. The Dow Jones Industrial Average rose 149.82 points, or 2.2%, to 6875.84, and the S&P 500 climbed 16.54 points, or 2.4%, to 712.87. The Nasdaq added 32.73 points, or 2.5%, to 1353.74. Positive sentiment came after reports that the Chinese government will announce further stimulus measures, sending the Shanghai Composite Index higher by 6.1%, and after promising numbers on the Asian nation's economy. The official purchasing managers' index rose to 49.0 in February from 45.3 in January, according to the China Federation of Logistics and Purchasing. Although the index still indicates contraction, it's approaching the point, 50, of no change and is well above a record low of 38.8 last November.