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US Stocks Closing 7/07/10


5:30PM EST: U.S. stocks rose, helping the Standard & Poor’s 500 Index rebound from a two-year low:

The S&P 500 added 8.7, or 0.7 percent, to 1,253.39. The benchmark for American equities closed down 20 percent from its Oct. 9 peak yesterday, marking its first bear market since 2002. The Dow Jones Industrial Average advanced 81.58, or 0.7 percent, to 11,229.02. The Nasdaq Composite Index increased 22.96, or 1 percent, to 2,257.85. About three stocks rose for every two that dropped on the New York Stock Exchange.

(Bloomberg)



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