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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 This material may not be published, broadcast, rewritten or redistributed.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 72 296 17,839
MORTGAGES 83 360 20,786
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 161 671 36,487
BANKRUPTCIES 46 192 11,874
BUSINESS LICENSES 16 96 5,656
UTILITY CONNECTIONS 28 175 12,208
MARRIAGE LICENSES 32 92 4,449

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