U.S. stocks advanced
U.S. stocks advanced, following the biggest gain in one month for the Dow Jones Industrial Average, amid speculation that policy makers will move to avoid a worsening of the European debt crisis.
U.S. stock indexes have shown growth of about 2.5%.
Dow 11,335.77 +291.91 +2.64%, Nasdaq 2,578 +61.22 +2.43%, S&P 500 1,192.39 +29.44 +2.53%.
All sectors of S
& P500 index show growth. The leaders of the basic materials sector (+3.5%)
and industrial goods sector (+3.4%), minimal increase in utilities sector
Bank of America Corp. (BAC) and JPMorgan Chase & Co. added at least 2.7 percent, following gains in European lenders. Alcoa Inc. and Chevron Corp. rose more than 3 percent to pace a rally in commodity producers. Apple Inc. (AAPL) added 0.8 percent as JPMorgan analyst Mark Moskowitz said research from his colleagues in Asia about a cut in the company’s iPad orders doesn’t represent the views of the securities firm’s U.S. team.