By and  on June 3, 2013

Wall Street gained ground today as a weaker-than-expected reading on the U.S. manufacturing sector suggested the Federal Reserve might have to keep supporting the economy with stock-friendly low interest rates.  

The S&P 500 Retailing Industry Group rose 0.3 percent, or 2.15 points, to 789.07, as the Dow Jones Industrial Average increased 0.9 percent, or 138.46 points, to 15,254.03. Stocks are still near their all-time highs, which has many investors looking for a correction, or a steep drop, as part of the normal ebb and flow of the market.

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