70°
Baton Rouge, Louisiana
3 Day Outlook
Fri
87°
67°
20%
Sat
87°
57°
10%
Sun
76°
51°
20%

Latest Weather Blog

Follow our weather team on social media

Dow leaps, is on track for a second day of gains

2 years ago Wednesday, June 06, 2012 9:15:19 AM CDT June 06, 2012 Wednesday, June 06 2012 Jun 6, 2012 in News
Source: Associated Press

NEW YORK- A 200-point charge turned the Dow Jones industrial average positive for the year following a dismal stretch in May.

The Dow is up 208 points at 12,337 shortly before noon.

All 30 Dow stocks were higher, led by Bank of America, up 7 percent. The last time the Dow closed up more than 200 points was March 13.

The big jump follows weeks of losses, including a 275-point plunge last Friday caused by a surprisingly weak report on the U.S. job market

The Standard & Poor's 500 rose 22 points to 1,308. The Nasdaq composite rose 56 points to 2,834.

The gains were broad. Just 14 of the S&P 500 companies were lower, and more than eight stocks rose for every one that fell on the New York Stock Exchange.

More News

comments powered by Disqus

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
5 Days
Radar
Today
Not Available
70°
66°
Fri
AM Clouds / PM Sun
87°
67°
Sat
Partly Cloudy
87°
57°
Sun
AM Clouds / PM Sun
76°
51°
Mon
PM Showers
79°
65°