The S&P 500 is a market free float-weighted index of the prices of 500 large-cap common stocks actively traded in the United States. The stocks included in the S&P 500 are those of large publicly held companies that trade on either of the two largest American stock market companies; the NYSE Euronext and the NASDAQ OMX. After the Dow Jones Industrial Average, the … [Read more...]
Dow industrials surging to a 13-month high
As per the stocks rallied Monday, with the , as investor optimism gained momentum. The Dow Jones industrial average (INDU) soared 204 points, or 2%, to close at 10,226.94 --marked as the highest level since Oct. 3, 2008. Financial and commodity-related shares led the advance.The gains were broad-based, with all but 1 of the 30 components in the blue-chip index closing … [Read more...]