US stocks post gains after robust China trade data

US stocks scored solid gains Thursday after stronger-than-expected Chinese trade data boosted growth hopes for the world's second-biggest economy.

The Dow Jones Industrial Average was up 80.79 points (0.60 percent) at 13,471.30 in closing trade.

The broad-based S&P 500 advanced 11.08 (0.76 percent) to 1,472.10, while the Nasdaq Composite increased 15.95 (0.51 percent) to 3,121.76.

China said that in December, exports and imports hit new single-month highs, rising 14.1 percent to $199.2 billion and six percent to $167.6 billion, respectively.

Market sentiment improved "following a much stronger-than-expected Chinese trade report and a relatively upbeat tone from European Central Bank President Mario Draghi," Charles Schwab & Co analysts said.

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MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.114+0.012+11.76%
    40F.SI
    3.16+0.04+1.28%
    C31.SI
    0.1720.0000.00%
    N21.SI
    2.610.000.00%
    MC0.SI
    0.625-0.005-0.79%
    Y45.SI
  • % Gainers
    % Gainers
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    0.114+0.012+11.76%
    40F.SI
    0.235+0.010+4.44%
    1C3.SI
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    5UE.SI
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    AWE.SI
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    AVM.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.355-0.035-8.97%
    5DP.SI
    0.205-0.020-8.89%
    I49.SI
    0.195-0.015-7.14%
    BCV.SI
    0.183-0.008-4.19%
    42W.SI
    1.735-0.050-2.80%
    U77.SI

Market Data

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    NamePriceChange% Chg
    1.4285-0.0003-0.02%
    USDSGD=X
    1.5186-0.0003-0.02%
    EURSGD=X
    1.7521+0.0004+0.02%
    GBPSGD=X
    80.3320+0.179+0.22%
    SGDJPY=X
    5.4283+0.0023+0.04%
    SGDHKD=X
    3.1147-0.0205-0.65%
    SGDMYR=X
    9,367.1836-1.6211-0.02%
    SGDIDR=X
    4.8056+0.022+0.46%
    SGDCNY=X
    1.0726-0.0004-0.04%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,198.90-13.20-1.09%
    GCG17.CMX
    16.99-0.29-1.67%
    SIH17.CMX
    87.96-1.13-1.27%
    ^XAU
    2.62+0.01+0.21%
    HGH17.CMX
    51.46+0.38+0.74%
    CLG17.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.88+0.06
    ^FVX
    2.39+0.06
    ^TNX
    2.99+0.06
    ^TYX