Wall Street rises as investors look to economic data
BEIJING (AP) — Stocks are pushing higher in early Monday trading on Wall Street, joining a worldwide upturn headlined by the best day for Chinese stocks in nearly five years. All sectors of the S&P 500 are rising, following up on similar gains in Europe and much of Asia. Investors are focusing on improvements in the job market and on central banks’ stimulus for the economy. Uber is up by the most in two months after buying delivery company Postmates for $2.65 billion. Stocks in Shanghai rose nearly 6%. Treasury yields also climbed in another signal of improved optimism.
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