The Dow and the Standard & Poor’s 500 closed during the 13-month high due to data reported by China and a sense of optimism from the developers of homes on strengthening the global economy.

As quoted by Reuters on Thursday (12/11/2009), pengembangn luxury homes Toll Brothers Inc. estimates a higher income than expected, so the lift sector developers in the house as much as the Dow Jones index 7.1 percent. In addition, Toll shares were off 16.4 percent to USD21, 41.

“There is news coming from China are making bullish with respect to industrial production, and has provided upward pressure on commodities and commodity-related stocks,” said portfolio manager and equity analyst at Clover Capital Management Matt Kaufler.

As for after the market close in New York, shares of network equipment maker 3Com Corp. rose 34 percent to $ 7, 64 after Hewlett-Packard Co. agreed to buy 3Com for $ 2, 7 billion.

Therefore, the Dow Jones Industrial Average rose 44.29 points, or 0.43 percent, to 10,291.26. Index Standard & Poor’s 500 rose 5.50 points, or 0.50 percent to 1,098.51. As for the Nasdaq Composite Index jumped 15.82 points, or 0.74 percent, to 2,166.90.

Wal-Mart’s shares also rose 1.3 percent in the USD52, 97 and gave the Dow’s biggest endorsement, to record the longest winning streak since August. The Dow itself has increased 57 percent during the past 12 years.