U.S. stocks surge on improved sentiment over Europe debt, Apple rebound

“U.S. stocks surged Tuesday, lifted into a broad rally by improved sentiment about Europe’s debt situation and a jump in tech heavyweights,” Laura Mandaro reports for MarketWatch.

“The Dow Jones Industrial Average (DJIA) ended up 194.13 points, or 1.5%, to 13,115.54,” Mandaro reports. ” It was the Dow’s biggest point gain in a month, and all 30 components ended higher.”

Mandaro reports, “After lagging the most Monday, the Nasdaq Composite (COMP) ended up 54.42 points, or 1.8%, to 3,042.82. Apple Inc. (AAPL) gained 5.1% to $609.70.”

Read more in the full article here.

6 Comments

  1. It should be clear by now, that given Apple’s current market cap, speculation and shorting with AAPL stock is also hurting the US economy in general (because manipulated stock values have nothing to do with the actual health of companies). Time for the SEC to step in and go after the stock manipulators.

    1. It has nothing to do with AAPL. It’s the stock market. It’s been going on forever. It’s nothing new. Buying,selling,pumping,dumping,rumor mongoring has been happening long before anyone ever heard of the USA.

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