Stocks Race to Positive Finish
NEW YORK ( TheStreet) -- The major U.S. equity averages staged a late rally to secure a positive finish Monday, starting the new week with a bounce after another round of mixed quarterly results.
After taking a beating in the previous two sessions in the wake of poor earnings reports from heavyweights like Google (GOOG) and Microsoft (MSFT), the technology sector was a standout, rising nearly 1%.
The Dow Jones Industrial Average added more than 2 points, or 0.02%, to close at 13,346, snapping a two-day losing streak. The blue-chip index, which ran as low as 13,235 earlier in the day, is now up 9.2% so far in 2012.
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