Updated from 3:08 p.m. EST
Stocks in the U.S. finished on the upside Tuesday, as General Electric (GE Quote) narrowed its earnings forecast and the Big Three automakers returned to Capitol Hill hoping to secure a bailout.
The major indices carried gains the entire session, and the Dow Jones Industrial Average ended the day up 270 points, or 3.3%, at 8419.09. The S&P 500 gained 32.60 points, or 4%, to 848.81, and the Nasdaq added 51.73 points, or 3.7%, to 1449.80.
During the previous outing, stocks sold off sharply as traders took profits from a sharp five-day rally in the blue-chip indices. The National Bureau of Economic Research also said that the economy has been in a recession since December 2007. At Monday's close, the Dow had lost 7.7% of its value, while the S&P 500 and Nasdaq each tumbled about 9%. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,304.18 | 1,091.54 | 2,138.77 | 32.38 |
Oil *
75.72
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160.22
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19.09
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37.28
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0.41
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10 Yr
3.24%
SPDR Gold
114.28
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-1.53%
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-1.72%
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-1.71%
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-1.25%
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