Dow ends higher on stronger economic reports

NEW YORK -- Investors have sent stocks soaring after getting a boost of confidence from the latest economic reports and Warren Buffett's defense of Goldman Sachs.

The market rebounded Monday from a drop Friday after reports signaled that consumer spending and manufacturing are strengthening.

A vote of confidence by Buffett, who owns shares in Goldman, brought a sense among traders that the market will be able to resume its nearly 14-month climb.

At the close, the Dow Jones industrials are up 143 at 11,152. The Standard & Poor's 500 index is up 16 at 1,202. The Nasdaq composite index is up 38 at 2,499.

Three stocks rose for every one that fell on the New York Stock Exchange. Volume totaled 1.2 billion compared with 1.6 billion Friday.