U.S. Stocks Rise as China’s Economy Shows Gains Fresh data signals better-than-expected factory production and consumer spending in China [url=https://www.wsj.com/articles/global-stocks-gain-as-chinas-economy-shows-gains-11576490619?mod=hp_lead_pos1]https://www.wsj.com/articles/global-stocks-gain-as-chinas-economy-shows-gains-11576490619?mod=hp_lead_pos1[/url] Global stocks started the week higher as data signaled an improvement in the Chinese economy, adding to optimism that some of the biggest risks to markets are clearing. The Dow Jones Industrial Average climbed 188 points, or 0.7%, to 28324, while the S&P 500 added 0.9%. The Nasdaq Composite rose 1.1.%. All three indexes hit intraday records. Overseas, the Stoxx Europe 600 index gained 1.5% to reach a new high, and the Shanghai Composite Index closed up 0.6%. Fresh data showed that Chinese economic activity, including factory production and consumer spending, improved in November. The better-than-expected results may help alleviate investors’ concerns about growth in the world’s second-largest economy.
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