Market Scores Decent Advances As Volume Climbs

Monday's economic headlines may have been mixed, but the market's reaction was not: Decent gains were logged as volume increased. The Nasdaq rose 0.9%, the S&P 500 gained 0.7% and the Dow Jones industrial average added 0.4%. First, the good news: The Institute for Supply Management's manufacturing index rose a point in March to 53.4, beating estimates and moving further above the boom-bust 50 level -- a sign that growth is picking up steam.