Quantcast

Stocks rally at day’s end, erasing most of Monday’s major losses

By Reuters
Tuesday, August 9, 2011 16:16 EDT
google plus icon
wallstreet-300x240
 
  • Print Friendly and PDF
  • Email this page

NEW YORK (Reuters) – Stocks rallied on Tuesday in a volatile session as investors struggled to decipher the Federal Reserve’s signals on the economy after a dizzying two-week slide.

The Dow Jones industrial average was up 429.69 points, or 3.97 percent, at 11,239.54, based on the latest figures. The Standard & Poor’s 500 Index was up 53.11 points, or 4.74 percent, at 1,172.57. The Nasdaq Composite Index was up 124.83 points, or 5.29 percent, at 2,482.52.

(Reporting by Angela Moon, Editing by Kenneth Barry)

Reuters
Reuters
Reuters.com brings you the latest news from around the world, covering breaking news in business, politics, technology, and more.
 
 
 
 
By commenting, you agree to our terms of service
and to abide by our commenting policy.
 
Google+