Large companies index Dow Jones Industrial Average closed 1.2 percent higher on the index level of 18,034, while the broader S & amp; P 500 climbed 0.9 percent to 2,100. Technology Seal the Nasdaq Composite rose 1.3 percent to 4994.
The turnover amounted to 670 million shares on the New York Stock Exchange and 1.6 billion on the Nasdaq.
On Monday, China’s central bank said the PBOC the figures showed that the country’s GDP growth rate is now the lowest in six years. Banks’ reserve requirements were lowered from Monday, with 100 points.
On the stock front, stood the Morgan Stanley report in the center. The bank reported an adjusted earnings per share of 0:85 dollars, which was better than analysts’ expectations of 0.78 dollars. While revenue topped estimates, but shares accounted for a moderate increase of 0.6 percent.
IBM’s report was expected after closing. The share did well before that – up 3.4 percent – which meant first place in the Dow Jones index.
Furthermore, in the technology and IT sector were noted companies like Facebook, Microsoft and Google 2.2-3, 1 percent higher.
toy and media company Hasbro reported a loss per share of 21 cents, which was more than twice as good as expected. Shares rose close to 12.6 percent.
On the bond market the interest rate on ten-year US Treasury bond up 2 points at 1.89 percent.
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