Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

http://www.businessweek.com/ap/2013-02-22/us-stocks-bounce-back-after-two-day-decline

AP News

US stocks bounce back after two-day decline


NEW YORK (AP) — U.S. stocks are opening higher after two days of declines.

Dow Jones industrial average is up 61.6 points to 13,942.20. The Standard & Poor's 500 gained 7.6 points to 1,510. The Nasdaq is up 19.2 points to 3,150.7.

There are no economic indicators and few corporate earnings reports due Friday.

Markets are bouncing back after being spooked by an apparent split among officials with the U.S. Federal Reserve over whether to push forward with economic stimulus programs, or to begin weaning the nation off of them.

Many investors also sensed that the Dow, which is getting close to an all-time high, had gotten ahead of itself.

The Dow is up 6 percent this year, the S&P 500 is up more than 5 percent, and the Nasdaq is up 3.7 percent.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus