US markets up in opening trades

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Reuters New York
Last Updated : Mar 05 2013 | 10:18 PM IST

US stocks rose on Tuesday after a bullish Alcoa forecast and encouraging Chinese trade data boosted the outlook for the commodities sector, signaling a stronger global economy.

The Dow Jones Industrial Average was up 107.81 points, or 0.87%, at 12,500.50. The Standard & Poor's 500 Index rose 12.10 points, or 0.94%, at 1,292.80. The Nasdaq Composite Index added 27.56 points, or 1.03%, at 2,704.12.

The S&P hit its highest intraday since August 1, 2011.

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First Published: Jan 10 2012 | 12:00 AM IST

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