Morning: U.S. stocks continue to climb the Dow rose 120 points

Positive economic data released in the United States, after U.S. stocks continued to climb in early trading Wednesday, the Dow rose more than 120 points, in part to restore the losses suffered on Tuesday. U.S. employment, personal income and durable goods orders and other data show that the U.S. economy is doing well, enhancing market confidence.

At 10:26 on November 24 EST, the Dow Jones industrial average rose 126.28 points to 11,162.65 points, or 1.14%; the Nasdaq composite index rose 44.10 points to 2,539.05 points, or 1.77%; the S & P 500 Index rose 14.06 points to 1,194.79 points, or 1.19%.

However, there are still worrying news from overseas, U.S. troops continue to advance the Korean Peninsula, the Irish government announced a new austerity plan.

U.S. labor markets have shown signs of improvement, so that investors rejoiced. U.S. Labor Department reported initial claims for unemployment benefits last week fell by 3.4 million to 40.7 million, the highest since July 2008 has been low, the market had expected a decline in 4000.

At the same time, the United States in October personal income rose 0.5%, the highest increase during the year, September personal income growth to zero. October consumer spending increased 0.4%.

However, durable goods orders data to put a downward pressure on the stock market. October durable goods orders fell by 3.3%, to last 3 months the second time since the fall, a decline in nearly two-year high, economists had expected growth of 0.1%.

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