U.S. stocks close higher, breaking streak of losses, on growth data; Dow's up 84 points

SAN FRANCISCO (MarketWatch)
U.S. stocks Wednesday rallied to start the month, breaking a string of recent session losses, as manufacturing data in China and Europe overrode any disappointment from below consensus U.S. data
The Dow Jones Industrial Average gained 83.55 points, or 0.7%, to 12,716.46, its first gain in five sessions
The S&P 500 Index rose 11.68 points, or 0.9%, to 1,324.09, also breaking a four-day loss streak
The Nasdaq Composite gained 34.43 points, or 1.2%, to 2,848.27
The U.S. indexes rose more than 3% in January, their best January in over a decade