INQUIRER.net: US stocks rebound on economic reports

INQUIRER.net Philippine News for Filipinos

US stocks rebound on economic reports Feb 5th 2013, 23:41 NEW YORK—US stocks jumped Tuesday, recovering much of Monday's losses and picking up momentum from solid economic indicators.   The Dow Jones Industrial Average finished 99.22 points higher (0.71 percent) at 13,979.30.   The S&P 500 index climbed 15.58 (1.04 percent) to 1,511.29, while the tech-rich Nasdaq Composite Index rose 40.41 (1.29 percent) to 3,171.58.   In a mid-afternoon market update, Charles Schwab & Co. attributed Tuesday's "solidly higher" returns to economic reports showing US services sector activity rising and the contraction in eurozone business activity decelerating.   The Dow blue-chip members almost universall... Keep on reading: US stocks rebound on economic reports Media files: wall-street-february-5-2013.jpg (image/jpeg)

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