The Dow Jones Industrial Average rose 0.6% at midday Tuesday after fresh economic data indicated a weakening job market and consumer outlook. The Nasdaq led with a 1.6% gain.

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Consumer confidence in August weakened, according to the Conference Board. After a 117 reading in July, the index slid to 106.1 in August.

Dow Jones Rises As Nasdaq Jumps 1.6%; Tesla Rival Falls As E-Commerce Giant Breaks Out comes via ChinaTechNews.com.