After a rough opening session on Monday, stocks rebounded sharply on Tuesday. The Dow enjoyed a triple-digit gain after oil prices eased and bank shares bounced higher on the possibility of further dividend payouts and share buybacks.
Continue reading Dow Jumps 124 Points as Oil Dips and Bank Stocks Rally
Dow Jumps 124 Points as Oil Dips and Bank Stocks Rally originally appeared on DailyFinance on Tue, 08 Mar 2011 16:15:00.
Filed Under: Energy, Economy, Investing, Earnings, JP Morgan Chase, Safeway, American Express, Bank of America, Stocks in the News, Market News