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U.S. stocks look to Europe for third daily gain

Daily newsbrief journal for September 2011, also see http://www.usdemocrats.com/brief for a global 100-page perpetual brief and follow twitter @usdemocrats


U.S. stocks look to Europe for third daily gain

Postby admin » Tue Sep 27, 2011 3:05 pm

U.S. stocks look to Europe for third daily gain
SAN FRANCISCO (MarketWatch) -- U.S. stocks advanced for the third straight session Tuesday, though finished off their highs of the day, as investors focused on the possibility European policy makers could super-charge their sovereign bailout fund. The Dow Jones Industrial Average ended up 146.83 points, or 1.3%, at 11,190.69, led by a 3.9% rise in Hewlett-Packard Co. shares. At its peak, the Dow had risen more than 300 points. The S&P 500 ended up 12.43 points, or 1.1%, at 1,175.38, led by natural resource and materials stocks. Utilities and financial sectors lagged. The Nasdaq Composite rose 30.14 points, or 1.2%, to 2,546.83.
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