Stocks rally at day’s end, erasing most of Monday’s major losses
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)
Brand new on Raw Story
- Bollywood bad boy Sanjay Dutt held in ‘terrorist’ jail for arms possession
- Maher: GOP has moved beyond obstruction to treason
- Facebook exec and ‘Lean In’ author Sheryl Sandberg says it’s OK for women to cry at work
- Three new factory suicides at Apple supplier Foxconn
- France legalizes same-sex marriage
- Gaza filmmakers look to 3D ‘Scarecrow’ film as a showcase
- Moore tells Maher: ‘The real problem with the IRS is that they let General Electric not pay any taxes’
- Venezuelan president still waiting for recognition from U.S.
- European Union shrugs off debunking of pro-austerity academic study
- 60 passengers injured after two-train collision in Connecticut
Commentary
Six ways the GOP could screw up the Obama administration’s scandals
By Ana Marie Cox, The Guardian
60 passengers injured after two-train collision in Connecticut
By Arturo Garcia
Raw Exclusives
Featured Video
Follow Us!
