Bank Of Baku

U.S. stocks jump on Greek rescue hope

U.S. stocks jump on Greek rescue hope
# 31 May 2011 22:58 (UTC +04:00)
Baku-APA. U.S. stocks surged on Tuesday as market optimism for another Greek bailout offset the negative effect of a string of disappointing economic data, APA reports quoting Xinhua.

Both the Dow and the broader S&P 500 jumped about 1 percent at the close, while the tech-heavy Nasdaq rose nearly 1.4 percent.
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