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Stocks Surge After Roubini Nod

Stock quotes in this article: ^GSPC , ^DJI , ^IXIC , JPM , CIT , AXP , DIS  

Updated with Nouriel Roubini statement.

The major indices advanced about 1% Thursday after reportedly bullish comments from noted economist Nouriel Roubini inspired afternoon buying -- but after the market close he said not so fast.

The Dow Jones Industrial Average rose 95.61 points, or 1.1%, to 8711.82, while the S&P 500 added 8.06 points, or 0.9%, to 940.74. The Nasdaq Composite added 22.13 points, or 1.2%, to 1885.03.

American Express(AXP Quote) rose 3.9% to lead the Dow. It was followed by IBM(IBM Quote), up 3.2%, and Walt Disney(DIS Quote), which also climbed 3% after an analyst upgrade. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,276.67 1,092.39 2,176.93 33.97
Oil *
75.26
DOWN
113.44
DOWN
10.86
DOWN
12.68
DOWN
0.51
10 Yr
3.40%
SPDR Gold
111.61
-1.09%
-0.98%
-0.58%
-1.48%
Data delayed 20 minutes

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