Market ends up on solid economic data
U.S. stocks ended higher on Monday after another round of solid economic reports, but pulled off session highs as investors sold some bank shares following a Fed official's warning about banks' potential losses on commercial real estate loans.
Based on the latest available data, the Dow Jones industrial average <.DJI> rose 76.71 points, or 0.79 percent, to unofficially end at 9,789.44. The Standard & Poor's 500 Index <.SPX> gained 6.69 points, or 0.65 percent, to finish unofficially at 1,042.88. The Nasdaq Composite Index <.IXIC> added 4.09 points, or 0.20 percent, to close unofficially at 2,049.20.
(Reporting by Caroline Valetkevitch: Editing by Jan Paschal)
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