Dow Jones Industrial Average rises 2.27 points
U.S. and Chinese data top estimates
The Empire State Manufacturing index came in at 17 for September, rebounding from a print of 3.7 in August. Economists polled by Dow Jones expected the index to come in at 7. Meanwhile, China reported its first retail sales increase for the year. The country’s National Bureau of Statistics said Chinese retail sales rose 0.5% in August.
Tech rises with the rest of the market
Shares of Tesla popped 7%. Facebook, Amazon, Netflix and Alphabet also posted gains. However, other parts of the market participated in Tuesday’s move higher. Real estate, materials, utilities and industrials all rose along with health care.