The fastest growth in US manufacturing in 10 months gave stocks a lift Tuesday and pushed the Dow Jones industrial average to its highest close in more than four years.
Spain reentered a recession Monday, renewing fears about Europe's economic stability and sending stocks lower. The Dow fell 14 points to close at 13213; the Standard and Poor 500 index had its first monthly loss since November.
US stocks edged higher Thursday, pushed up by a batch of bright earnings reports and encouraging news about home sales. The Dow rose 113 points to close at 13204
The Nasdaq composite index shot 2 percent higher Wednesday, powered by a surge in Apple. The Dow gained 89 points to close at 13090 on an all-around good day for US stocks.
Apple earnings for the first quarter will be reported after the close of the stock market Tuesday. In anticipation of he Apple earnings report, Apple stock has fallen sharply.
The Dow slipped 102 points to close at 12927 Monday as worrying news out of Europe sent US stocks sharply lower.
The Dow fell 68 points to close at 12964 as a slew of US companies announced big profits Thursday, but investors spooked about the economy sold stocks anyway.
All three major US stock indexes sank Wednesday after a dismal report about bad loans on the books of Spanish banks. The Dow fell 82 points to close at 13032.
The Dow jumped 194 points to close at 13115, its biggest gain in a month after promising signals about the profitability of US companies and a strong debt auction by Spain.
The Dow rose 71 points to close at 12921, but steep losses for Apple dragged down the Nasdaq.