Contact Us
Make My Homepage

Stocks Jump on Reports of Strong Profits

U.S. stocks are closing sharply higher after promising signals about the profitability of U.S. companies and a strong debt auction by Spain.

Wall Street
PhotoLink, Getty Images

European stocks had their best day in four months after Spain, the latest flashpoint in the European debt crisis, attracted strong investor interest at an auction of two-year debt.

Coca-Cola leapt after posting strong quarterly earnings. Goldman Sachs and Johnson & Johnson also boosted their net income.

The Dow rose 194 points to 13,115, its best day in a month. The S&P 500 closed up 21 at 1,390. The Nasdaq composite index soared 54 to 3,042, its biggest point rise in three weeks.

About 10 stocks rose for every three that fell on the New York Stock Exchange. Volume was light at 3.4 billion shares.

 

(Copyright 2012 by The Associated Press.  All Rights Reserved.)

Best of the Web


Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://nj1015.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!