NEW YORK (AFP) - US stocks were higher in the morning for the fifth straight day Friday trade, supported by the best that provided data on the performance of the manufacturing sector in June.
In thin trade advance of the long holiday weekend - July 4, at 1500 GMT the Dow Jones Industrial Average added 109.81 points (0.88%) to 12,524.15.
The broader S & P 500 gained 9.37 (0.71%) at 1,330.01, so that the tech-heavy Nasdaq Composite was 22.20 points (0.80%) to 2,795.72.
The Institute of supply management, said the American manufacturing picked rhythm in June citing a pick-up in the economy at the end of a collapse of the second quarter.
Index ISM of managers to purchase for the manufacturing sector rose 1.8 percent in June to a 55.3 better than expected, 53.5 in May.
But that came after a strong seven per cent drop in may from April and June index is remained well below the 60-plus level achieved in the first four months of the year.
Specialized truck manufacturer Oshkosh Corp increased increased 12.3% of the news that raider Carl Icahn had accumulated a 9.5% stake in the company and have management plans of the pressure to deliver more to the shareholders.
Microsoft and Apple have been up to 0.1% and 0.4% respectively after their consortium has won a bid for the assets of patent enormous, valuable Nortel bankruptcy with an offer of $ 4.5 billion.
The shares of Google, the offer did not, were 1.7 per cent higher. Intel, another losing bidder, increased by 1.2%.
Bond prices fell. The yield on the 10-year US Treasury Note rose to 3.20% from 3.16% late Thursday while, on the binding of 30 years, edged upwards to 4.40% of 4.38%.
Prices of bonds and yields move in opposite directions.
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