Stocks moved broadly higher on Tuesday, helped by improving economic data from Japan and Europe as well as hopes that the European Central Bank would expand its stimulus program. Banks and industrial companies led the gains, helped by prospects for higher interest rates and growth in manufacturing.  KEEPING SCORE The Dow Jones industrial average rose 0.6 percent, and the Standard & Poor’s 500-stock index was up 0.61 percent. The Nasdaq composite index gained 0.52 percent.  INTEREST RATES Banks were among the gainers in midday trading. While the European Central Bank is looking to cut interest rates, the Federal Reserve remains on track to raise interest rates later this month. Higher interest rates are good for banks because they can charge more to loan money.  JPMorgan Chase shares rose 1 percent, and shares of Morgan Stanley rose 2 percent. Goldman Sachs shares were up 0.8 percent.  EUROPEAN MARKETS In Germany, the DAX was down 0.1 percent, and in France, the CAC 40 lost 0.2 percent. The FTSE 100 gained 0.5 percent in Britain.  JAPAN DATA Japanese shares rose above the psychological benchmark of 20,000 on news that the monthly Nikkei survey of factory purchasing managers rose to 52.6 points in November, the highest reading in 20 months, and up from 52.4 in October. The index is based on a 100-point scale, with the 50-point mark separating expansion from contraction. A survey on factory investment showed a higher-than-expected 5.4 percent rise in July-September from the previous quarter.  CHINA MANUFACTURING An official survey showed Chinese manufacturing at its weakest in more than three years in November, though service industries improved. The manufacturing index based on a survey of factory purchasing managers slipped to 49.6 in November from 49.8 the previous month.  EUROZONE JOBS The unemployment rate in the 19-country eurozone edged down to a near four-year low of 10.7 percent in October. The drop showed the labor market was improving gradually, though the figures were not expected to keep the European Central Bank from offering more monetary stimulus on Thursday. Mario Draghi, president of the central bank, has signaled the bank could expand its bond-buying program or cut interest rates.  CHINA CURRENCY The inclusion of the renminbi with the dollar, pound, euro and yen in the International Monetary Fund’s basket of major currencies reflects the rising importance of China’s economy and its currency. Christine Lagarde, the head of the I.M.F., called it an “important milestone.” The decision was based on the volume of exports involving the renminbi and its use in the financial markets, among other factors. The currency stayed in a narrow range on Tuesday.  THE QUOTE The renminbi’s “inclusion is unlikely to have great impact on short-term demand” for the currency, said the IG market strategist Bernard Aw in a report. “What’s more important is perhaps the boost to President Xi’s efforts to liberalize China’s financial markets.”  ASIA’S DAY The Nikkei 225 gained 1.3 percent in Japan, while in Hong Kong, the Hang Seng rose 1.8 percent. The Shanghai composite index added 0.3 percent in China. The Kospi was up 1.6 percent in South Korea. In Australia, the S.&P./ASX 200 rose 1.9 percent.  ENERGY Benchmark United States crude fell 16 cents to $41.51 a barrel on the New York Mercantile Exchange. Brent crude oil, which is used to price oil internationally, fell 35 cents to $44.26 a barrel.  CURRENCIES AND BONDS The dollar slipped to 122.85 yen from 123.25 yen on Monday on the Japanese economic data. The euro rose to $1.0619 from $1.0572. Bond prices rose. The yield on the 10-year Treasury note fell to 2.16 percent from 2.21 percent.
As investors looked ahead to a busy week of economic reports and central bank meetings, Boeing and JPMorgan Chase had some of the biggest gains.