Dow ends up almost 300 points
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Stocks snapped a five-day losing streak on Wednesday, with the Dow surging nearly 300 points on optimism that a government plan to rescue ailing bond insurers is taking shape and could prevent billions more in credit losses.
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After a shaky start Wednesday morning, stocks turned higher, with the Dow Jones industrial average hitting a new record trading high, after closing at its best level ever on Tuesday.
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The stock market barreled higher yesterday, sending the Dow Jones industrials to a 3-year high as two Wall Street firms reported better-than-expected earnings and a brokerage gave tech bellwether Intel Corp. a ratings upgrade.
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U.S. stocks climbed on Wednesday, driving the Dow to a record close after the Federal Reserve left rates steady and flagged no new concerns about inflation that would have merited higher borrowing costs.
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Wall Street moved mostly higher as investors remained upbeat after the Federal Reserveâs interest rate cut last week.
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U.S. stocks advanced at the start of trading Wednesday as investors appeared to cheer a report showing better-than-expected productivity.
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Stocks surged Wednesday afternoon, with the Dow Jones industrial average closing at its highest point ever, the S&P 500 hitting a 5-1/2 year high and the Nasdaq composite rising more than 2 percent.
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Stocks rose Wednesday morning, pushing the Dow Jones industrial average within a whisper of its all-time closing high of January 2000.
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NEW YORK -- The Dow Jones industrial average surged past its all-time trading high of 11,750.28 Tuesday, taking yet another step in its recovery from seven years of market turmoil.
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In trading Thursday, the Dow Jones industrial average rose 99.26 points, or 0.81 percent, to 12,416.76, another record close.
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Stocks inched higher Wednesday, giving the Dow Jones industrial average its second-highest close ever.
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Stock prices are gaining some ground in early trading. The Dow Jones Industrial Average is up 23 points in today&#39;s early going.
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U.S. stocks rose slightly on Thursday, pushing the Dow Jones industrials to a record closing high for a third day and the S&P 500 to a fresh 5-1/2-year high, after an increase in retailers' September sales fueled hopes that spending will stay strong.
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U.S. stocks soared on Wednesday, driving the Dow up more than 100 points and propelling it to an all-time high for the second day as positive momentum brought buyers into the market.
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U.S. stocks rallied on Wednesday, driving the blue-chip Dow Jones industrial average up 100 points to an all-time closing high for a second day as positive momentum brought buyers into stocks.
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Stocks gained on Tuesday on higher-than-expected earnings, pushing the Dow above 14,000 for the first time and easing concern about the deteriorating subprime mortgage market.
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The Dow gained more than 100 points within minutes of the central bankâs announcement and continued to climb before falling just before the close.