Stocks surge in late rally, reversing Monday's rout

At the end of a wild day, U.S. stocks soared the most in two years, rebounding from yesterday's rout. The Dow Jones Industrial Average surged 429.92, or 4 percent, to 11,239.80 and the Standard & Poor's 500 Index jumped 53.07, or 4.7 percent, to 1,172.53 The late-session rally came on the heels of yesterday's 634-point [...]
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Published on August 09, 2011 13:48
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