Tuesday, August 23, 2011

U.S. stocks end higher after four weeks of losses

U.S. stocks finished higher Monday for the first session in three, bouncing back from a four-week retreat that has the S&P 500 Index down 13% so far this month.
“The stock market is screaming to Ben Bernanke at the top of its lungs for a QE3, and the day’s gains is in anticipation of such,” said Keith Springer, president of Springer Financial Advisors. “If we get it, we’ll have a nice rally, if we don’t, we’ll have a bloodbath.”

Dow Jones Industrial Average

 (DJI: ^DJI )
Index Value:10,854.65
Trade Time:4:05PM EDT
Change:Up 37.00 (0.34%)
Prev Close:10,817.65
Open:10,820.37
Day's Range:10,820.37 -11,020.55
52wk Range:9,915.73 -12,928.50

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