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Thursday, October 13, 2011

"U.S. stocks rise along with hopes for Europe"

Traders celebrate on the floor of the New York Stock exchange at the closing bell. U.S. stocks surged more than 11 percent, with the Dow index registering its biggest point gain ever as investors cheered governments' action plans to combat the global financial crisis. (TIMOTHY A. CLARY/AFP/Getty Images)
Wall Street has made up for last week's hard losses, with the Dow Jones industrials recuperating 938 points after news around the world of major governments' plans to support the global banking system reassured wary investors. Now the Dow is finally up again at about 938 points at the 9,389 level. All the major indexes are up more than 11 percent.

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