Stocks Bounce, Dow Up 150
Optimism on Chinese stimulus felt around the world
By Nick McMaster,  Newser Staff
Posted Mar 4, 2009 3:15 PM CST
Traders work on the floor of the New York Stock Exchange during morning trading in this undated file photo.   (Getty Images)
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(Newser) – Stocks made gains today as a rally in China’s Shanghai Composite lifted several sectors, the Wall Street Journal reports. Optimism over further stimulus efforts by Beijing lifted shares of firms in manufacturing, mining, and technology stocks around the world on hope of increased Chinese demand. The Dow Jones rose 149.82 points to close at 6,876; Nasdaq gained 32.73 points, settling at 1,354; the S&P 500 gained 16.54 points to close at 713.