Stocks rise to start September


The New York Stock Exchange is pictured on May 26, 2020 at Wall Street in New York City.

Johannes Eisele | AFP | Getty Images

Dow Jones Industrial Average rises 215 points

Manufacturing data tops estimates

The Institute for Supply Management said its manufacturing PMI came in at 56 for August, a 19-month high, as new orders hit their highest level since 2004. “As the economic recovery continues, I think you will see a broadening of the stocks participating in this rally,” said one strategist.

Apple and Walmart jump, Tesla falls

What happens next?

Data on weekly mortgage applications and U.S. private payrolls are set for release Wednesday. 

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