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Wall Street climbs as China data puts S&P back at five-year high

(Reuters) - stocks rose on Thursday, multiples on S&P 500 index ended in China's new highs in five years, better than expected export stimulate global economic growth prospects optimism.
Buying late accelerated after one day, multiples on S&P 500 index breakthrough technology resistance level at 1466.47, this is the market closing price, last Friday, December 2007, the highest level since.
"Historically, a month in and month out of the market is a positive and you can see, play", in Connecticut, RDM Financial chief market strategist Michael Sheldon (Michael Sheldon) said.
Financial and energy stocks rose on the former. Financial stocks index rose 1.4%, the energy department. GSPE rose 1%.
Analysts say, China's economic data as a day of catalyst, this suggests that the country's export growth rebound sharply to 7 months high in December, for seven consecutive quarter slowdown in a year after a strong finish.
In Philadelphia at Swarthmore group portfolio manager Kurt brenner said, "this is explain positive, they have stopped recession (growth),".
"If they continue to produce good growth momentum, it will be our global manufacturers support."
Wall Street's fear index of the Chicago board options exchange (CBOE) volatility index VIX market is relatively calm. VIX dropped 2.3%, 13.49.
In Thursday's closing price, multiples on S&P will less than its closing high 1565.15, October 2007 reached 6%.
The dow Jones industrial average index rose 80.71 points, or 0.60%, to 13471.22 point. SPX standard &poor's 500 index rose 11.10 points, or 0.76%, to 1472.12 point. The Nasdaq composite stock index. IXIC up 15.95 points, or 0.51%, to 3121.76 points.
Thursday's meeting earlier, traders said, a transaction in the options market, make a lot of S&P futures to hit the market at the same time a. So, multiples on S&P 500 index fell rapidly, but the loss turned the whole afternoon.
Financial benefit from activities, more clear mortgage rules, Banks housing market potential risk.
The United States government consumption financial supervision and mortgage rules released on Thursday, it will force Banks to use the new standards to determine whether the borrower to repay the housing loan.
Earlier this week, a few big mortgage Banks and regulators reached an agreement to end through foreclosure authorized by the government.
"This is a solution. It's not hanging on their heads, and said:" brenner.
Bank of America (BAC. N: prices) rose 3.1%, to $11.78, and Morgan Stanley (Morgan Stanley) (MS. N: prices) rose by 3.7%, $20.34 a day later, sources said, the bank's plan to lay off.
High-grade jeweler difuni (TIF. N ") shares fell 4.5% to $60.40, said after the holiday sales flat.
Herbalife co., LTD. (HLF. N) to strengthen the defense radical investors bill ackerman, and emphasize that this is a legitimate company mission, to improve the nutrition, and help the public health. An unstable a day later, the company shares closed down 1.8%, to $39.24.
After closing, American express (AXP. N), says it will cut 5400 jobs in the fourth quarter, and the cost of about $6 million after tax. In after-hours trading, the company shares rose 0.7%, to $61.20.
Volume is higher than 2012 average 6.42 billion shares listed circulation, every day with about 6.77 billion shares changed hands, and the New York stock exchange, nasdaq and the New York stock exchange MKT.



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