The U.S. stocks climbed on Wednesday to fresh two-year highs as new economic data showed more recovery signs.The Commerce Department released its final reading of GDP growth before the opening bell, which showed the U.S. economy recovered at a modestly faster pace in the third quarter. However, the 2.6-percent revision, cheap timberland boots which was higher than the 2.5-percent estimate last month, fell short of market expectation.A separate report showed the most-battered housing sector continued its slow recovery.
The National Association of Realtors said that sales of previously-occupied homes rose 5.6 percent to 4. 68 million units in November.The financial and conglomerates sectors gained the most, both up 0.70 percent.The Dow Jones industrial average added 26.33 points, or 0.23 percent, to 11,559.49. The Standard & Poor's 500 index gained 4.24 points, or 0.34 percent, to 1,258.84 and the Nasdaq rose 3.87 points, or 0.15 percent, to 2,671.48.When the market closed on Wednesdays, the Dow nike mercurial green Jones industrial average rose 31.71 points, or 0.27 percent, to 11,722.89. The Standard & Poor's 500 index climbed 6.36 points, or 0.50 percent, to 1,276.56 and the Nasdaq was up 20.95 points, or 0.78 percent, to 2,702.20. Enditem.On the list of best year-to-date performance of U.S.-listed Chinese stocks, Daqq New Energy Corp. (NYSE: DQ) was ranked the first place, with 38 percent return. Its stock price rose 0.07 dollars this week, or 0.53 percent, to close at 13.18 dollars per share.
Jinko Solar Holding Co. (NYSE: JKS) and Sohu.com Inc. (NASDAQ: SOHU) were ranked second and third place, with a year-to-date return of 37 percent and 33 percent respectively.Goldman Sachs maintained Neutral rating on Sohu.com Inc., and raised price target from 55 to 68 dollars per share.The U.S. stocks fell on Wednesday on Japan's nuclear timberland boots brown disaster and lower-than-expectation economic reports, with the Standard & Poor's 500 Index and the Nasdaq erasing their gains for the year.All three major indexes ended at their lowest levels of 2011. The Dow Jones industrial average lost 242.12 points, or 2.04 percent, to 11,613.30.