US stocks rose as auto sales increase

Source: CNN
The US stocks increased as the sales of automobiles went up. The Dow Jones Industrial Average added 0.6%, whereas S&P 500 and Nasdaq both rose by 0.6% and 0.8%. However, a fall in the IMS manufacturing activity  index to 49.7 on Monday, July 2, increased risk-aversion among investors thus limiting gains of the US stocks.

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