March 08, 2012 at 15:02 PM EST
Stocks On Pace For Second Straight Gain
Stocks remained near session highs and were on pace for a second straight gain Thursday. The Nasdaq rallied 1% and the S&P 500 0.9%. Both have wiped out Tuesday's fat losses. The Dow Jones industrial average climbed 0.5%. Gains in Caterpillar (CAT) and United Technologies (UTX) offset a drop in McDonald's (MCD). Volume faded on both major exchanges. NYSE trade was tracking modestly higher, while Nasdaq trade turned a touch lower. Coach (COH) was
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