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Last updated: March 16. 2013 11:39PM - 133 Views

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(AP) Stocks are rising with investors getting a peek into the health of the U.S. manufacturing sector.


The Dow Jones industrial average rose 70 points to 13,895 and the Nasdaq added 1 point to 3,152.


The Standard & Poor's 500 shed less than a point to 1,502 after closing at a five-year record on Friday.


U.S. companies placed more orders for long-lasting manufactured goods in December, a good sign for the economy heading into 2013.


Orders for durable goods increased 4.6 percent, the Commerce Department said Monday, driven by a 10 percent gain in aircraft orders.


Also on Monday, Caterpillar beat Wall Street expectations when a new purchase in China is discounted.


Shares of the manufacturer rose 3 percent in morning trading.


Associated Press
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