At the close of the U.S. session , the Dow Jones Industrial Average ended up 0.72 % , the S & P 500 rose 0.56 % , while the Nasdaq composite index rose 0.31 %.
Expectations held firm to the Federal Reserve to abandon its program of asset purchases monthly USD85 billion unchanged when a monetary policy meeting ends Wednesday two days .
Monthly asset purchases aimed at encouraging the recovery pushing down interest rates , rising stock prices in the process.
Lackluster economic data cemented expectations even no change in Federal Reserve policy .
The Conference Board said its consumer confidence index fell to 71.2 in October from an upwardly revised 80.2 in September.
Analysts had expected the index to fall to 75.0 this month .
The data came from the hand of Commerce Department data show that U.S. retail sales fell 0.1 % in September, while the main retail sales , which exclude the transport elements and gasoline rose 0.4 %, both in line with expectations .
Separately, the Labor Department reported that the producer price index of the country contracted by 0.1 % in September , defying the proceeds to a gain of 0.2 % .
Elsewhere , shares enjoyed a shot in the arm after Apple , BP and Pfizer exceeded expectations , while IBM saw gains on reports of strengthened technological benchmark stock repurchase plans .
The Dow Jones Industrial Average major artists including IBM , 2.71% , AT & T, 2.01% , and Home Depot, up 1.89 %.
Worst Performance The Dow Jones Industrial Average including Caterpillar , down 0.22 % , Walt Disney , down 0.18 % , and Boeing , down 0.15 %.
European indices , meanwhile , finished much higher.
After the close of European trade , the EURO STOXX 50 rose 0.92 %, France’s CAC 40 rose 0.62 % , while Germany’s DAX 30 climbed 0.48%. Meanwhile, in the UK the FTSE 100 finished 0.73 %.
On Wednesday , the markets will move on Federal Reserve announcement on monetary policy.
Also Wednesday , the U.S. will release the ADP employment report and nonfarm official data on consumer price inflation .