Stocks Opened Higher Before ISM

U.S. stocks opened higher on Tuesday as investors await key manufacturing data which are expected to shed light on the health of
the economy. The Dow Jones Industrial Average lately rose 69.28 points, or 0.42%, at 16,526.94. The S&P 500 gained 8.36 points, or 0.45%, at 1,880.70. The Nasdaq Composite was up 38.97 points, or 0.93%, at 4,237.97.

Home prices rose 0.8% in February, as annual growth reached 12.2%, the fastest year-over-year pace since February 2006, according to data released Tuesday by CoreLogic CLGX +0.72% , an Irvine, Calif.-based analysis firm.

Growth in euro-area manufacturing stayed close to the highest level in almost three years in March, adding to signs the region’s
recovery is gathering pace. An index based on a survey of purchasing managers slipped to 53.0 from 53.2 February, matching an
initial estimate released last week, London-based Markit Economics Ltd. said.

Chrysler Group LLC said Tuesday it sold 193,915 units in March, up 13% from a year ago. That’s the best March result since 2007
and the 48th straight month of year-over-year sales gains, the car company said.

General Motors Co. GM +1.16% added another 1.3 million vehicles Monday to its growing list of cars in dire need of repair.

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