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Dow Jones, S&P 500 and Nasdaq rise 4%, 4.7% and 5.3%

10 August 2011 08:00 (UTC +04:00)

Baku â€“ APA-Economics. The Dow Jones Industrial Average rallied 430 points or 4% at 11,239, after seeing bounce of 636 points from intra-day low of 10,604, Moneycontrol reported.

NASDAQ Composite went up 125 points or 5.3% at 2,482, after bouncing 150 points from intra-day low of 2,332.

S&P 500 Index gained 53 points or 4.7% at 1,172, after bouncing back 55 points from intra-day low of 1,117 ((S&P 500 was able to attract support around 1100)).

European shares recovered smartly from day’s low, halting a 20% dive over 2-1/2 weeks; France’s CAC was up 1.6% to 3,176, Britain’s FTSE up 1.9% to 5,164 and Germany’s DAX down 0.1% to 5,917.