Stocks Head for Rebound

Posted Mar 10, 2009 8:52 AM CDT
Stocks Head for Rebound
Sam Farhood, left, of LaBranche & Co. directs trading in shares of Schering-Plough on the floor of the New York Stock Exchange, Monday, March 9, 2009 in New York.    (AP Photo/Henny Ray Abrams)

Stocks jumped out of the gate this morning, after a tech-driven sell-off yesterday that brought indexes to new bear market lows. The Dow rose 140 points, with Alcoa up 8% and GE up more than 10%. The S&P and Nasdaq soared 2.3% and 2% respectively. Financials were among the big gainers, with Citigroup jumping 21% after its CEO said it was profitable in January and February.

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