ARTICLES MODERN

Stock markets pushed higher Tuesday as investors shrugged off economic reports showing more problems for America factories and services. Worry the Federal Reserve that the recession could persist despite the efforts of their best not to impede growth, either.
Technology, transportation and basic materials have resulted in important sectors higher indices on Wall Street that recouped its losses from Monday.
By the end of the day, the Dow gained 62.21 points, or 0.69 percent, to close at 9015.10. The broader Standard & Poor’s 500-stock index finished 7.25 points, or 0.78 percent, higher at 934.70, while the technology-heavy Nasdaq was 1.5 percent up at 1652.38.
Computer Maker Hewlett-Packard gained 8 percent, to close at $ 39.31 a share. Dell, Intel and Sun Microsystems all posted gains.
Apple shares fell back 1.65 percent to close at $ 93.02 a hand, as computer makers announced a new structure price to download iTunes. Apple shares rose on Monday after Chief Executive, Steven P. Jobs, concerns swirling around to his health.
Analysts said that Tuesday’s earnings were evidence that the fragile optimism began to replace the panic that has dominated the market by late 2008.
“Fear has retreated a bit, and I think it establishes a potential for this little rally we’ve had,” said Marc D. Stern, chief investment officer of Bessemer Trust.

Stocks have rallied 25 percent from their lows in November, but analysts said that corporate earnings coming reports would be a crucial test of investor sentiment.

“It is from these points, where, as newfound optimism to reach the market becomes less able to do with negative earnings,” said Todd Salamon of Schaeffer’s Investment Research.

Crude oil prices traded above $ 50 a barrel Tuesday before settling at 48.58 dollars, down 23 cents.

A dispute over gas between Russia and Ukraine and a production cut by OPEC cartel of 2.2 million barrels per day, revealed concerns about tightening energy.

New economic reports did little to raise hopes that the recession had ass off. But a report on American’s services sector from the Institute of Supply Management showed that, while services continued to contract last month, they shrank at a pace slower than the previous month.

New orders and the number of orders contracted for a number of sectors, like employment, import, export orders and overall business. But those indicators of economic activity was friendly to us.

“This suggests that negative momentum may be facilitating that will go in 2009,” said W. Ryan Sweet, senior economist at Moody’s Economy.com.

Orders to factories declined 4.6 percent in November, almost double the 2.5 percent drop economists had expected.

Treasury is the 10-year note rose 10/32 to 111 11/32. Yield, which moves in the opposite direction of price, fell to 2.45 percent from 2.48 percent.

Following are results of Tuesday’s Treasury auction of four-week bills and 10-year inflation-protected securities