Beige Book Boosts Dow Up 109

Investors look past Intel to manufacturing
By Nick McMaster,  Newser Staff
Posted Apr 15, 2009 3:15 PM CDT
Brokers work the trading floor of the New York Stock Exchange in this undated file photo.   (AP Photo/David Karp)
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(Newser) – Stocks rose late in today’s session, buoyed by decent news from the Fed’s Beige Book, the Wall Street Journal reports. The report showed manufacturing activity stabilizing or rising in five of 12 US districts, after months of declines. The Dow closed up 109.44 at 8,029.62. The Nasdaq gained 1.08 to close at 1,626.80, while the S&P 500 added 10.56, settling at 852.06.