Stocks Boosted by Strong Earnings

Summary


NEW YORK -- Stock indexes closed with broad gains Wednesday as international leaders scramble to save a week-old plan to prevent a financial crisis in Europe. Strong corporate earnings and a bump in hiring by private companies also helped send markets higher after a steep two-day drop.

The Dow Jones industrial average gained 178.08 points, or 1.5 percent, to close at 11,836.04. The Standard and Poor's 500 rose 19.62 points, or 1.6 percent, to 1,237.90. The Nasdaq composite gained 33.02, or 1.3 percent, to 2,639.98.

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Extract


Stocks Boosted by Strong Earnings

The fear of a wider financial crisis eased some...

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