Where Did That Come From? Dow Jumps 225 Points, S&P 500 Gains 1% For No Good Reason At All
January 29, 2015 at 16:34 PM EST
A late afternoon surge sent stocks markedly higher after early gains had turned to losses. Andrew Burton/Getty Images The S&P 500 gained 1% to 2,021.25 today, while the Dow Jones Industrial Average rose 225.48 points, or 1.3%, to 17,416.85. The Nasdaq Composite advanced 1% to 4,683.41. What was responsible for the move higher? Reuters cited a bounce in crude-oil [...]
