NEW YORK, Sept. 13 (Xinhua) -- U.S. stocks rose on Thursday as investors digested a slew of economic data amid hopes for U.S.-China trade talks.
The Dow Jones Industrial Average jumped 147.07 points, or 0.57 percent, to 26,145.99. The S&P 500 advanced 15.26 points, or 0.53 percent, to 2,904.18. The Nasdaq Composite Index increased 59.48 points, or 0.75 percent, to 8,013.71.
The Dow's gains were led by rallying Apple stock. Shares of the iPhone maker rose more than 2.4 percent at the close. IBM was also among the winners in the index. Shares of the tech giant traded 1.62 percent higher. McDonald's and Home Depot were among the laggards. Shares of both companies decreased more than 1 percent at market closing.
Nine of the 11 primary S&P 500 sectors closed higher, with technology and health leading the gainers.
Major U.S. chipmakers were among the best performers in the tech sector, underpinning the tech-heavy Nasdaq.
On economic data, the U.S. Consumer Price Index increased 0.2 percent in August on a seasonally adjusted basis, the Department of Labor reported on Thursday. Economists polled by Reuters expected a gain of 0.3 percent.
Increases in the indexes for shelter and energy were the main contributors.
Meanwhile, in the week ending Sept. 8, the figure of U.S. initial jobless claims decreased 1,000 to 204,000 from the previous week's revised level, according to the Labor Department. This is the lowest level for initial claims since December 6, 1969 when it was 202,000. The 4-week moving average was 208,000, a decrease of 2,000 from the previous week's revised average. Enditem
