Bloomberg News

U.S. Stocks Rise as S&P 500 Material, Industrial Companies Rally

August 30, 2011

Aug. 30 (Bloomberg) -- U.S. stocks rose, erasing losses amid a 152-point swing in the Dow Jones Industrial Average, as telephone, raw-material and industrial companies rallied.

The Standard & Poor’s 500 Index added 0.1 percent to 1,211.43 at 2:16 p.m. in New York. The Dow climbed 14.60 points, or 0.1 percent, to 11,553.85.

To contact the editor responsible for this story: Nick Baker at

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