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"The manufacturing sector gained momentum in January," said Norbert J. Ore, chairman for the institute's manufacturing business survey committee.
The Nasdaq composite index, a benchmark for the technology sector, gained 171.55 points, or 5.8percentto to 3,138.27.
Prices have fallen by about a quarter from the time Ms. Carroll took over, even as the overall mining sector gained.
After sputtering for years, the government's program to return most of these businesses to the private sector gained momentum after Mr. Shourie took over the ministry.
Insurance companies reasoned along the same lines.As a result of this process, the corporate sector gained a stable shareholder base, one that could usually be relied on to support fund-raisings and acquisitions.
The financial sector gained for much of the day amid reports that the Senate banking committee was considering giving the Federal Reserve responsibility for protecting consumers from deceptive financial practices, rather than create a stand-alone consumer protection bureau.
Similar(41)
But there is also intense concern about the buoyancy of the stock market which has recovered 10% over the last month, with the technology sector gaining new friends.
The stock has outperformed its peers in the sector, gaining more than 9% since the start of 2009.
But other sectors gained jobs during that period.
The S.& P. technology index was the best performing of the S.& P. 500's 10 major sectors, gaining 0.8 percent.
Last year, we lost 4,000 jobs in the public sector – but gained 18,000 in the private sector".
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