Wall Street begins 2nd quarter slightly higher

NEW YORK (AP) - April 1, 2009 After falling in the early going on disappointing jobs data, stocks are closing higher following reports showing a rebound in pending home sales and improving manufacturing activity.

Financial stocks led the market higher, followed by big gains in the technology and energy sectors.

The Dow Jones industrial average is up 151 points, or 2 percent, at 7,762. The Standard & Poor's 500 index is up 13, or 1.7 percent, at 811. The Nasdaq composite index is up 23, or 1.5 percent, at 1,552.

Three stocks rose for every one that fell on the New York Stock Exchange, where volume came to 1.5 billion shares.

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