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Traders work on the main trading floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, in this file photo from May 20, 2013. REUTERS/Mike Segar/Files

Traders work on the main trading floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, in this file photo from May 20, 2013.

Credit: Reuters/Mike Segar/Files

NEW YORK | Thu Aug 1, 2013 9:34am EDT

NEW YORK (Reuters) - U.S. stocks opened higher on Thursday data as from around the world pointed to improving economic conditions and Procter & Gamble (PG.N) reported strong results.

The Dow Jones industrial average .DJI was up 54.85 points, or 0.35 percent, at 15,554.39. The Standard & Poor's 500 Index .SPX was up 8.96 points, or 0.53 percent, at 1,694.69. The Nasdaq Composite Index .IXIC was up 28.56 points, or 0.79 percent, at 3,654.93.

(Reporting by Ryan Vlastelica; Editing by Nick Zieminski)

 
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Comments (1)
breezinthru wrote:
The HSBC China report of 47.7 coupled with the knowledge that China is now cracking down on local government borrowing/spending indicates worse economic times for China to come.

The Eurozone heavily relies on China as a trading partner so both are headed for more trouble, not less.

This Reuters headline is one of the most ridiculous headlines that I’ve ever seen.

Aug 01, 2013 8:09am EDT  --  Report as abuse