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VOL. 127 | NO. 207 | Tuesday, October 23, 2012

Stocks Recoup Losses in Late Rally on Wall Street

AP

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NEW YORK (AP) — A late buying spree erased early losses on Wall Street, leaving indexes with modest gains at the close of trading.

The Dow Jones industrial average came back from a 108-point deficit to end the day up two points at 13,346 on Monday.

The Standard & Poor's 500 index closed up less than a point at 1,434. The Nasdaq composite index ended with a gain of 11 points at 3,017.

Stocks spent much of the day lower following a disappointing batch of earnings from companies including Hasbro, clothing maker VF Corp. and SunTrust banks.

Falling stocks slightly outnumbered rising ones on the New York Stock Exchange. Volume was in line with the recent average, 3.2 billion shares.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 54 266 12,031
MORTGAGES 111 406 15,756
FORECLOSURE NOTICES 27 107 3,130
BUILDING PERMITS 0 606 28,832
BANKRUPTCIES 73 364 11,671
BUSINESS LICENSES 17 119 4,274
UTILITY CONNECTIONS 121 549 17,732
MARRIAGE LICENSES 23 104 3,668

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