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Stocks Stage Massive Rally

Stock quotes in this article: AAPL , TXN , PFE , EBAY , MOT , ABK , C  

Updated from 4:04 p.m. EST

Blue chips erased heavy early losses and closed sharply higher Wednesday following a rally in financials, while tech stocks overcame the weight of a weak performance in Apple (AAPL Quote) to end with gains.

The Dow Jones Industrial Average fell by as many as 326 points during the session, but clawed back and vaulted up 298.98 points, or 2.5%, to 12,270.17.

Among winning components, General Motors (GM Quote) surged 10.2%, and Citigroup (C Quote) rose 9%. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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