US stocks follow global markets higher

Written By Unknown on Senin, 22 April 2013 | 22.34

US stocks have followed Asian and European markets higher after shrugging off a disappointing earnings report from Dow member Caterpillar.

Five minutes into trade on Monday, the Dow Jones Industrial Average jumped 27.80 points, or 0.19 per cent, to 14,575.31.

The broad-based S&P 500 added 4.58 points, or 0.29 per cent, to 1,559.83.

The tech-rich Nasdaq Composite Index rose 17.12 points, or 0.53 per cent, to 3,223.18.

Monday's rally came after markets elsewhere moved higher, including Japan's Nikkei 225, which added 1.9 per cent after a G20 meeting in Washington validated Tokyo's aggressive monetary easing policies.


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