How the major stock indexes fared on Monday

AP News
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Posted: Jan 04, 2010 5:49 PM

The stock market has extended its 2009 rally into the new year. Major stock indexes surged Monday after improving news on manufacturing from China to the U.S. pointed to a strengthening global economy. A report found that China's manufacturing industry expanded last month at the fastest rate in 20 months. Meanwhile, a U.S. trade group said manufacturing activity grew faster than expected in December.

The Dow Jones industrial average rose 155.91, or 1.5 percent, to 10,538.96.

The Standard & Poor's 500 index rose 17.89, or 1.6 percent, to 1,132.99.

The Nasdaq composite index rose 39.27, or 1.7 percent, to 2,308.42.