US stocks gain on better economic data

US stocks gain on better economic data

The Straits Times - Business·2021-01-06 06:02

NEW YORK (AFP) - Wall Street stocks advanced on Tuesday (Jan 5) following better-than-expected US economic data as markets monitored Georgia elections that will determine control of the US Senate.

Equities shrugged off early weakness and Monday's decline to finish the session solidly higher after manufacturing data topped estimates and fourth-quarter auto sales also impressed to the upside.

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