Thursday, October 27, 2011

News Alert: In Broad Rally, S.&P. 500 Up Over 3%

Breaking News Alert
The New York Times
Thursday, October 27, 2011 -- 4:10 PM EDT
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In Broad Rally, S.&P. 500 Up Over 3%

Stocks rallied around the world on Thursday, pushing the broader market in the United States back onto positive ground for the year, after European leaders reached a deal to spread the pain of restructuring Greece's debt.

The Dow Jones industrial average soared 340 points to close up 2.87 percent at 12,209, while the broader Standard & Poor's 500 index was up even more, 3.43 percent, at 1,284.56 and the Nasdaq composite index up 3.32 percent at 2,738.63.

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http://www.nytimes.com/?emc=na

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