(Source: Associated Press/AP Online)
By The Associated Press
The stock market rallied Monday after another batch of benign economic data. Readings on manufacturing, consumer spending and construction spending came in better than expected. The Dow Jones industrial average climbed to its highest close since early January, and the Standard & Poor's 500 index and Nasdaq composite advanced to their highest levels since last year.
The Dow Jones industrial average rose 221.11, or 2.6 percent, to 8,721.44.
The Standard & Poor's 500 index rose 23.73, or 2.6 percent, to 942.87.
The Nasdaq composite index rose 54.35, or 3.1 percent, to 1,828.68.
For the year:
The Dow is down 54.95, or 0.6 percent.
The S&P is up 39.62, or 4.4 percent.
The Nasdaq is up 251.65, or 15.96 percent.
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