Thu, 27 Jun 2013 15:28:10 GMT
U.S. shares climb amid consumer spending, jobless claims
U.S. shares advanced, with the Standard & Poor's 500 Index rising for the third day, after data indicated consumer spending recovered in May and less Americans filed unemployment claims last week. The S&P 500 jumped 0.6% to 1,612.57. The gauge rose 1% yesterday following slower-than-predicted U.S. economic expansion boosted speculation the Federal Reserve will keep the purchases unchanged.