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Wall St climbs 1pc on China data relief

Friday, July 13 15:26:46

U.S. stocks further rallied in morning trading today, with the S and P 500 and Dow industrials gaining more than 1 percent as data from China allayed concerns a slowdown in the world's second-largest economy would further hinder growth worldwide.

The Dow Jones industrial average rose 154.66 points, or 1.23 percent, to 12,727.93. The S and P 500 Index added 16.88 points, or 1.26 percent, to 1,351.64. The Nasdaq Composite gained 30.39 points, or 1.06 percent, to 2,896.58.

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