SEARCH
« International Micro-lender Grameen Bank Opens New York Branch | Main | Warren Buffett Sees a Stock Market Bargain »
Monday
Sep262011

Stocks Rebound After Last Week's Decline

Comstock/Thinkstock(NEW YORK) -- After last week's gloom and doom, markets were buoyed by optimism Monday. Stocks rose on hopes that European leaders finally have a plan to resolve the region's debt crisis. Finance ministers have pledged to take bolder steps to keep Greece afloat.  

After last week's 6.5-percent drop in blue chips, Monday turned around with some buying.
 
The Dow closed up 272 points at 11,044.  The Nasdaq gained 33 points, and the S&P also closed up 27.

Copyright 2011 ABC News Radio

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>






ABC News Radio