. Equity markets rise adds new world on Tuesday (Wednesday morning GMT ) because Wall Street hit a record high after strong production data , while the figure in China's manufacturing mushy strengthen the possibility that the state will take stimulus measures .
Crude oil futures fell . U.S. crude oil prices pressured by domestic supply , as well as European and Chinese data weighed on Brent prices .
Spot gold hit a seven-week low and safe value investments such as U.S. bonds and the yen also fell .
Data factories across Europe fell back in March , while China's major manufacturing industry contracted for the third month in a row , prompting policy makers to act in the coming months .
In the United States , however , manufacturing growth accelerated for the second consecutive month in March as the recovery of production , easing fears that the economy stumbling block .
" We started the second quarter with signs that economic growth will continue to encourage reasoned that the market ( equity ) , " said Jim McDonald , chief investment strategist at Northern Trust Global Investments , Chicago .
The S & P touched daily highs 1885.84 , shortly after the release of manufacturing data , and closed at session highs . Indaktor MSCI world stocks rose 0.6 percent .
The Dow Jones Industrial Average ( DJI ) closed up 74.95 points, or 0.46 percent, at 16,532.61 . The S & P 500 closed up 13.18 points, or 0.70 percent, to 1885.52 . The Nasdaq composite index rose 69.05 points, or 1.64 percent, to 4268.04 .
European stocks lifted by merger activity and factory data in France are strong . The FTSE index closed up 0.56 percent at its highest level in three weeks . Nikkei futures denominated in U.S. dollars rose 0.5 percent .
The euro rose , gold fell
Hope support Fed makes dollars back under pressure against the euro , but the greenback hit a session high against the yen after the release of U.S. manufacturing data .
The rise of the euro against the dollar retained by the possibility of the European Central Bank ( ECB ) , in a meeting on Thursday , will lower interest rates to keep deflation in control .
The euro rose 0.2 percent to 1.3793 dollars .
The yen slipped to a four-week low against the U.S. dollar , fell 0.4 percent to 103.57 per dollar .
Among commodities , Brent crude oil fell 2.4 percent to 105.15 dollars per barrel affected the data of China and the possibility of a surge in supply from Libya after rebels block the oil port east hinted a deal with Tripoli .
U.S. crude oil fell 2.2 percent to 99.37 dollars per barrel , pressured by expectations to increase domestic supplies .
Gold spot , a surprising star performers this year after a slump in 2013 , touching a seven - week 1277.29 dollars per ounce . It was then only down 0.3 percent at 1279.85 dollars . With the price was still up 6 percent from a year earlier , according to Reuters citing .
Gold futures on the COMEX division of the New York Mercantile Exchange fell for the fifth consecutive session on Tuesday (Wednesday morning GMT ) , as investors weighed U.S. economic data for clues varied precious metals demand outlook .
The most active gold contract for June delivery lost 3.8 dollars, or 0.30 percent, to 1280.0 dollars per ounce . Gold fell a total of 2.5 percent in the five trading sessions , the longest losing streak since November . The closing price is the lowest for a most-active contract since Feb. 10 , Xinhua reported .
Gold fell 2.9 percent in March , but ended the first quarter with an increase of 6.8 percent , statistics show . According to some market analysts , the strong performance of gold in the first quarter , it seems that some short- term profit taking is underway , which suppress the trade in those days .
On Tuesday , research institute Institute for Supply Management ( ISM ) said its index of U.S. manufacturing rose to 53.7 percent in March from 53.2 percent the previous month . March employment report , one of the key economic data , will be released on Friday ( 4/4 ) .
Silver for May delivery fell 6.4 cents, or 0.32 percent, to 19.688 dollars per ounce .
World oil prices fell sharply on Tuesday (Wednesday morning GMT ) , after manufacturing data in China were up slightly adding to concerns about slower growth in the world 's biggest energy consumer .
U.S. benchmark futures contract , light sweet crude or West Texas Intermediate for delivery in May , ending trading on the New York Mercantile Exchange at 99.74 dollars per barrel , down 1.84 dollars or 1.8 percent from Monday's close , AFP reported .
Brent North Sea crude for delivery in May , slipped 2.14 dollars, or nearly 2.0 percent , to settle at 105.62 dollars a barrel in London trade .
" Concerns about China's economy made things quite bearish , " said Michael Lynch of Strategic Energy and Economic Research .
Purchasing managers' index ( PMI ) for China 's official manufacturing sector edged up to 50.3 in March , from 50.2 the lowest level in eight months in February , slightly above the 50 -level that signifies expansion.
The figure was slightly better than expected , but still continues to show weakness , show the Chinese economy grew in the first quarter below the government's target of an annual growth of 7.5 percent .
HSBC also reported a separate PMI for China fell to 48.0 in March , the lowest number in eight months .
" From the perspective of China's oil demand , the figures raised concerns about global oil demand growth overall when most expected that the demand will be driven by China , " said Phil Flynn of Price Futures Group .
Also weighing on oil , analysts said , is the expectation that the government's weekly oil inventory report U.S. on Wednesday will show another rise in crude supplies .
Tim Evans of Citi Futures said the consensus expectation is for a buildup of about 2.5 million barrels in crude inventories .
In addition , the market is under pressure by reports that Libya may be close to a deal with the rebels who had blocked oil terminals since July , analysts said .
The sources said the government and the rebels seem to be getting close to an agreement , which reduced exports to 250,000 barrels per day from 1.5 million barrels due to the potential blockade reopened .
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