mostlycloudy
Sunday July 5th, 2015 1:31PM

Dow average has a rare up day on China hopes

By The Associated Press
NEW YORK - U.S. stocks are closing higher, recording one of their best days in an otherwise dreary month.

Investors focused on hopes that China is poised to rev up its economic growth machine and that upcoming elections in Greece will help the country stay in the euro.

The Dow Jones industrial average closed up 126 points at 12,581, only the fifth gain this month. The Dow is still down 4.8 percent for May. The worsening of Spain's finances and an increasing likelihood that Greece will drop out of the euro currency union have been the main culprits behind the decline.

The Standard & Poor's 500 index rose 15 points to 1,332 and the Nasdaq rose 33 points to 2,871.

Rising stocks outnumbered falling ones four-to-one. Volume was light at 3.3 billion shares.
© Copyright 2015 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Doctors: Blood clot located in Clinton's head
Secretary of State Hillary Rodham Clinton developed a blood clot in her head but did not suffer a stroke or neurological damage, her doctors said Monday. They say they are confident that she will make a full recovery.
3:55PM ( 2 years ago )
Illinois Sen. Kirk to return a year after stroke
Nearly a year after a stroke left him barely able to move the left side of his body, U.S. Sen. Mark Kirk is expected to climb the 45 steps to the Senate's front door this week - a walk that's significant not just for Illinois' junior senator, but also for medical researchers and hundreds of thousands of stroke patients.
3:54PM ( 2 years ago )
U.S. News
Ga. ethics legislation could end free tickets
General Assembly approval next year of a proposed ethics reform measure could endanger an important fall tradition for Georgia lawmakers - free football tickets.
6:26PM ( 2 years ago )
Abortion restrictions, tax changes loom in Ga.
Tax breaks for manufacturers and higher unemployment taxes for employers take effect with the new year in Georgia, but it remains to be seen whether the state's newest abortion restrictions will be enforced.
6:23PM ( 2 years ago )
Business News
Stormy weather possible this afternoon
Mother Nature may put on her own fireworks show this afternoon and tonight across Georgia.
12:00PM ( 1 hour ago )
Hall Co. officials: no reported injuries from fireworks
Now that the proverbial dust has settled on another Fourth of July holiday, authorities in Hall County say it was a relatively quiet one, even with the advent of new consumer fireworks.
9:34AM ( 3 hours ago )
Suwanee to hold open house to discuss downtown master plan
Suwanee officials will host an open house Thursday, July 9, to give citizens an update on the city's Downtown Master Plan.
8:31AM ( 5 hours ago )
Early voting continues in Flowery Branch, Forsyth Co.
Early voting for July 14 runoff elections continues through Friday in Flowery Branch and Forsyth County.
6:28AM ( 7 hours ago )
White County wreck hurts one, shuts down GA 115
A single-vehicle wreck around 2:30 p.m. Saturday shut down or seriously impacted traffic on Georgia Highway 115 at the White/Lumpkin County line for about an hour.
1:21AM ( 12 hours ago )