US STOCKS SNAPSHOT-Wall St extends gains; Nasdaq up 1 pct

NEW YORK Tue Dec 11, 2012 10:00am EST

NEW YORK Dec 11 (Reuters) - U.S. stocks extended gains on Tuesday with the Nasdaq rising more than 1 percent, after unexpectedly cheery data out of Europe and as the Federal Reserve was set to kick off a two-day policy meeting.

Leading the technology sector higher, Apple shares rose 2.5 percent to $543.01 in early trading.

The Dow Jones industrial average was up 77.39 points, or 0.59 percent, at 13,247.27. The Standard & Poor's 500 Index was up 8.91 points, or 0.63 percent, at 1,427.46. The Nasdaq Composite Index was up 30.42 points, or 1.02 percent, at 3,017.38.

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California state worker Albert Jagow (L) goes over his retirement options with Calpers Retirement Program Specialist JeanAnn Kirkpatrick at the Calpers regional office in Sacramento, California October 21, 2009. Calpers, the largest U.S. public pension fund, manages retirement benefits for more than 1.6 million people, with assets comparable in value to the entire GDP of Israel. The Calpers investment portfolio had a historic drop in value, going from a peak of $250 billion in the fall of 2007 to $167 billion in March 2009, a loss of about a third during that period. It is now around $200 billion. REUTERS/Max Whittaker   (UNITED STATES) - RTXPWOZ

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