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Last updated: September 09. 2013 12:41PM - 213 Views
Associated Press



In this Tuesday, Aug. 27, 2013 photo, specialist Frank Masiello works at his post on the floor of the New York Stock Exchange. U.S. stock futures are rising, Monday, Sept. 9, 2013, on promising economic data out of Asia. (AP Photo/Richard Drew)
In this Tuesday, Aug. 27, 2013 photo, specialist Frank Masiello works at his post on the floor of the New York Stock Exchange. U.S. stock futures are rising, Monday, Sept. 9, 2013, on promising economic data out of Asia. (AP Photo/Richard Drew)
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(AP) Stocks are rising on Wall Street following encouraging economic news from China and Japan.


Apple rose a day before the company was expected to announce its latest version of the iPhone.


The Dow Jones industrial average was up 98 points, or 0.7 percent, to 15,022 as of noon Eastern Monday.


The Standard & Poor's 500 index rose 10 points, or 0.6 percent, to 1,665. The Nasdaq composite rose 30 points, or 0.8 percent, to 3,690.


China reported that inflation eased in August, hinting at an economy on the mend. Japan reported that its economy expanded more rapidly than originally estimated between April and June.


Delta Air Lines rose $1.49, or 8 percent, to $21.38 after the company was added to the S&P 500 index.


Associated Press
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