By 10:35 am, the Dow Jones Industrial Average was up 28.04 points, or 0.23%, to 12,216.73, while the broader Standard & Poor's 500 index had surged 5.77 points, or 0.44%. The NASDAQ composite index rose 3.75 points, or 0.14%.
Some of the narrow based indexes that are supporting the markets are Chinese Auto Parts Stocks, which have gained 2.3%, Cement Stocks, up 1.4%, and Surety and Title Insurance Stocks, moving 1.4% higher as a group.
In Tickerspy's Chinese Auto Parts complex, China Automotive Systems Inc CAAS had surged 6.9%. Analysts at Maxim raised price target for CAAS from $10 to $11.
The best performing Tickerspy Cement stock has been James Hardie Industries SE JHX, which was up 5.3%. JHX's trailing-twelve-month revenue is $1.17 billion.
MBIA Inc MBI is today's leading Tickerspy's Surety and Title Insurance stock, gaining 5.7%. MBI's trailing-twelve-month ROE is 25.21%.
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Posted In: NewsIntraday UpdateMarketsMoversAuto Parts & EquipmentConstruction MaterialsConsumer DiscretionaryFinancialsMaterialsProperty & Casualty Insurancetop Narrow Based Indexes
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