Thursday, October 6, 2011

Wall Street jumps for second day as materials, oil lead way

 Stocks rallied for a second day on Wednesday, as investors bid up materials and energy shares on rising commodity prices and poured into beaten-down tech names after days of selling.
Stocks continued to recover from a decline that briefly took the S&P 500 into bear-market territory. That turned abruptly on Tuesday, with the S&P 500 gaining 4 percent in the last hour of trading that hit short-sellers hard.
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Dow Jones Industrial Average

 (DJI: ^DJI )
Index Value:10,939.95
Trade Time:4:02PM EDT
Change:Up 131.24 (1.21%)
Prev Close:10,808.71
Day's Range:10,738.10 -10,950.89
52wk Range:10,362.30 -12,928.50

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