Bank stocks lead the way after deal in Europe
(NEWSER) - Wall Street had a banner day in the wake of the financial accord in Europe , with banks stocks leading the way:
- Dow: Up 340 (2.9%) to 12,209; (it had been up more than 400 points in the final hour)
- Nasdaq: Up 88 (3.3%) to 2,739
- S&P 500: Up 43 (3.4%) to 1,285
With only two trading days left in the month, it's shaping up to be the best October in the Dow's 115-year history, notes MarketWatch . The Dow is up more than 11% since Oct. 1, ahead of the 10.7% monthly rise in 1982.
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