Semiconductor industry
Stocks Rally as Consumer Spending Tops Estimates, AIG Sells Asian Unit for $35.5 Billion
U.S. stocks surged to their best level since 2007, erasing the 2010 loss for the Standard & Poor's 500 Index, after a stronger-than-forecast increase in consumer spending and the announcement of AIG's $35.5 billion sale of its Asian unit. The rally was led by