Dow Rebounds, Rises 106

China reports moderation in consumer price inflation
By Nick McMaster,  Newser Staff
Posted Feb 11, 2010 3:22 PM CST
Trader Gregory Rowe, left, and specialist Michael Sollitto, center, on the floor of the New York Stock Exchange Thursday, Feb. 4, 2010.   (AP Photo/Richard Drew)

(Newser) – Energy and materials stocks led broad advances on the markets today, as investors were encouraged by a better-than-expected weekly US jobs report and news of slowing Chinese inflation, the Wall Street Journal reports.

  • The Dow jumped 106 points to close at 10,144.
  • The Nasdaq added 30 points, settling at 2,177.
  • The S&P 500 rose 10 points, closing at 1,078.

My Take on This Story
Show results without voting  |