Market recap: Stocks rose modestly as higher-than-estimated consumer spending and confidence...

|By:, SA News Editor
Market recap: Stocks rose modestly as higher-than-estimated consumer spending and confidence were somewhat offset by a drop in manufacturing. Financial stocks rebounded, and energy firms rose as crude oil futures hit a seven-week high. Automakers logged solid September sales gains from depressed year-ago levels. NYSE advancers led decliners three to two.