Thursday, June 10, 2010

News Alert: Stocks Rebound on Positive Economic News; S.&P. 500 Climbs Nearly 3%

Breaking News Alert
The New York Times
Thu, June 10, 2010 -- 4:08 PM ET
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Stocks Rebound on Positive Economic News; S.&P. 500 Climbs Nearly 3%

Indexes on Wall Street rebounded on Thursday, closing up
almost 3 percent, on a day fueled by bargain hunting and some
positive economic news.

Asian and European shares were also higher, and the euro
regained some ground.

Trading picked up in the last hour, pushing up the Dow Jones
industrial average 273.50 points, or 2.76 percent. The
broader Standard & Poor's 500-stock index rose 2.95 percent,
while the technology-heavy Nasdaq was up 2.77 percent.

Read More:
http://www.nytimes.com/2010/06/11/business/11markets.html?emc=na

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