Posts Tagged ‘after-it-became’

Stocks jump after damage from Irene is less than feared; insurers lead broader market higher

Monday, August 29th, 2011

NEW YORK — So much for Irene. Stocks rose broadly Monday, led by insurance companies, after it became clear that the tropical storm caused far less damage than many had feared. An increase in U.S. consumer spending also helped, as did as did a rare piece of good news from Greece: a merger of two major banks. The Dow Jones industrial average jumped 254 points. Read full article > >

Read this article:
Stocks jump after damage from Irene is less than feared; insurers lead broader market higher