Positive economic data up in US stocks

US stocks jumped on Thursday, pushing the S & P 500 to record its biggest percentage gain in a day in almost two months, as bond yields rose a day after a sharp drop.

Better than expected economic data in the United States and China overshadowed trade concerns.

The Dow Jones Industrial Average closed the trading session Thursday on Wall Street, up 371.46 points, or 1.43%, to 26378.53 points.

The Standard & Poor's Index # 500 <.SPX> rose 54.11 points, or 1.88%, to close at 2 938.09.

The Nasdaq Composite Index rose 176.33 points, or 2.24%, to 8,039.16.

The data showed that Chinese exports rose 3.3% in July compared with the previous year, while badysts forecast a 2% decline. Dollar for the first time since the global financial crisis.

The dollar fell on Thursday as sentiment of risk stabilized after solid Chinese trade data and Beijing's efforts to slow the yuan's devaluation as part of a US-China war and a crackdown. a trade war prompting investors to buy riskier currencies.