Market Wrap For Tuesday, October 22: Weak Jobs Report Dismisses QE Tapering Concerns
October 22, 2013 at 16:30 PM EDT
Markets bounced higher Tuesday on weak September jobs data as the likelihood for Federal Reserve tapering dives. Correspondingly, treasury prices soared higher, sending the ten year yield to a three month low. Major Averages The Dow Jones Industrial Average rose 75.46 points, or 0.49 percent, to 15,467.66. The S&P 500 climbed 10.01 points,