Economy/Business News Alert: U.S. stocks have best day this month

Tuesday, December 20, 2011

   
The Washington PostTuesday, December 20, 2011 4:35:46 PM
ECONOMY/BUSINESS NEWS ALERT

U.S. stocks have best day this month


The Dow Jones industrial average surged 337 points following encouraging signs out of Europe and a jump in apartment construction in the U.S. It was the best day for U.S. stocks this month.

The Dow gained 2.9 percent to close at 12,103. Caterpillar jumped 5 percent, the most in the Dow.

The S&P 500 index rose 36 points, or 3 percent, to 1,241. Only six stocks in the index fell.

The Nasdaq composite index rose 81, or 3.2 percent, to 2,604.


Read more at:
http://www.washingtonpost.com/business/markets/us-stocks-poised-for-higher-open-as-encouraging-signs-from-europe-offers-some-relief/2011/12/20/gIQAYKRo6O_story.html



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