NEW YORK, Sept. 10 (Xinhua) -- U.S. stocks finished higher on Tuesday, with the Standard & Poor's 500-stock Index logging a six- day winning streak, as a batch of data showed that Chinese economy is regaining momentum while worries over Syria waned.
The Dow Jones Industrial Average ticked up 127.94 points, or 0. 85 percent, to 15,191.06 points. The S&P 500 increased 12.28 points, or 0.73 percent, to 1,683.99 points. The Nasdaq Composite Index also went up for a sixth consecutive session, gaining 22.84 points, or 0.62 percent, to 3,729.02 points.
China's industrial production gained traction in August, according to a statement by the country's National Bureau of Statistics. Its total industrial value-added output grew by 10.4 percent year on year last month, marking the fastest growth since April 2012 and beating market consensus.
Chinese customs figures also showed Sunday that China's exports rose 7.2 percent year on year to 190.61 billion U.S. dollars in August, also topping analysts' forecasts.
Meanwhile, worries over an imminent U.S.-led military attack against Syria eased. In multiple interviews with U.S. TV networks on Monday, President Barack Obama said he would prefer a diplomatic solution to the crisis rather than launch a military attack, which signaled that he would put the strike against Syria on hold if the Syrian government agreed to hand over its chemical weapons.
On the economic front, U.S. small business optimism remained little changed in August, losing 0.1 from July to 94.0.
Investors are awaiting the Federal Reserve's two-day policy meeting next week, during which the U.S. central bank is expected to decide whether to trim its massive bond buying programs.
In corporate news, Apple shares dipped 2.28 percent to 494.64 dollars after the tech giant unveiled the iPhone 5C and the iPhone 5S in an event Tuesday.
Goldman Sachs Group Inc., Visa Inc. and Nike Inc. will join the Dow Jones Industrial Average as its new components, the S&P Dow Jones Indices announced Tuesday in a statement. Shares of all the three companies rose.
According to the statement, investment bank Goldman Sachs Group will replace Bank of America Corp., while credit card company Visa will replace tech company Hewlett-Packard Co. and footwear company Nike will replace aluminum giant Alcoa Inc. in the blue-chip Dow after the close of trading on Sept. 20, the statement said.
The CBOE Volatility Index, widely considered as a fear gauge of the market, tumbled 7.04 percent to end at 14.53.
In other markets, oil prices fell on Tuesday as Syria agreed to surrender its chemical weapons, easing concerns that a possible U. S.-led attack will disrupt Middle East oil exports. Light, sweet crude for October delivery moved down 2.13 dollars to settle at 107.39 dollars a barrel on the New York Mercantile Exchange, while Brent crude for October delivery declined 2.47 dollars to 111.25 dollars a barrel.
Gold futures for December delivery on the COMEX division of the New York Mercantile Exchange fell 22.7 dollars to 1,364 dollars per ounce on Tuesday.
The U.S. dollar weakened against most major currencies Tuesday. In late New York trading, the euro rose to 1.3267 dollars from 1. 3259 dollars of the previous session, and the British pound increased to 1.5731 dollars from 1.5701 dollars.