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SMALL BUSINESS
How the major stock indexes fared on Tuesday
By The Associated Press
, AP
-The Dow Jones industrial average jumped back above 10,000 on hope that a resolution was near for Greece's debt crisis. The Dow jumped a day after closing below 10,000 for the first time in three months. The major indexes all gained more than 1 percent. Treasury prices slid as demand for safer investments fell. Global markets bounced back on reports that plans are being developed in the European Union to rescue Greece.
The Dow rose 150.25, or 1.5 percent, to 10,058.64.
The Standard & Poor's 500 index rose 13.78, or 1.3 percent, to 1,070.52.
The Nasdaq composite index rose 24.82, or 1.2 percent, to 2,150.87.
For the week:
The Dow is up 46.41, or 0.5 percent.
The S&P is up 4.33, or 0.4 percent.
The Nasdaq is up 9.75, or 0.5 percent.
For the year:
The Dow is down 369.41, or 3.5 percent.
The S&P is down 44.58, or 4 percent.
The Nasdaq is down 118.28, or 5.2 percent.
Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2010-02-09 17:58:30
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