U.S. stocks rose and the NASDAQ composite index closed above the 5, 000-point barrier for the first time since March 9 and 10 in 2010 on a day that saw traders react to data on gains in U.S. manufacturing and personal income, CNBC reported.
China also cut its interest rate by 25 basis points to 5.35 percent and helped send U.S. stocks up, according to the report.
The Dow Jones Industrial Average gained 155.93 points to 18, 288.63, the S&P 500 composite index climbed 12.89 points to 2, 117.39 and the NASDAQ composite index rose 44.57 points to 5, 008.10.
Top Percentage Gainers
 Company |  Stock Price |  $ Change |  % Change |
  Engility Holdings |   38.66 |   2.56 |   7.09% |
  Orbital ATK |   68.06 |   1.78 |   2.69% |
  CGI Group |   42.87 |   1.06 |   2.54% |
  Boeing |   153.80 |   2.95 |   1.96% |
  CACI International |   30.33 |   0.57 |   1.92% |
Market Summary
 Advancing Issues |  26 (86.66%) |
 Declining Issues |   4 (13.33%) |
 Unchanged Issues |   0 |
Executive Mosaic‘s GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.