» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 127 | NO. 207 | Tuesday, October 23, 2012

Stocks Recoup Losses in Late Rally on Wall Street

AP

Print | Front Page | Email this story | Comments ()

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 This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 67 138 5,300
MORTGAGES 96 179 7,349
FORECLOSURE NOTICES 19 24 1,638
BUILDING PERMITS 180 488 12,555
BANKRUPTCIES 71 112 4,946
BUSINESS LICENSES 25 46 2,171
UTILITY CONNECTIONS 74 161 6,785
MARRIAGE LICENSES 20 51 1,541

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.