(Reuters) - Wall Street advanced on Monday, the first trading day of the second quarter, as upbeat Chinese and manufacturing data overshadowed a report showing continued softness in Europe.
Stocks closed their strongest quarter in more than two years on a positive note on Friday, led by recently underperforming sectors like energy and health care.
U.S. Institute for Supply Management's index of national factory activity rose to 53.4, topping forecasts. A reading above 50 indicates expansion. China's Purchasing Managers' Index rose to an 11-month high.
"Obviously this survey of manufacturing executives suggests factory activity is growing more quickly,"
(Reuters) - Wall Street advanced on Monday, the first trading...
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