Better-than-expected earnings from Gannett (GCI), anticipation of strong results from Texas Instruments (TXN) and Apple (AAPL) and some bullish analyst commentary on Dow component Caterpillar (CAT) helped propel stocks broadly higher Monday.
At the close, the blue-chip Dow Jones Industrial Average ($INDU) rose 97 points, or 1 percent, to 10,093, while the broader S&P 500 ($INX) added 10 points, or 0.9 percent, to 1,098. The tech-heavy Nasdaq Composite ($COMPX) gained 20 points, or 0.9 percent, to finish at 2,176.
For more on stocks making moves today, be sure to check out BloggingStocks' market wrap up.
DailyFinance Wire
- Disney Reports Flat Earnings But Sees Conditions Improving
- Google's Bad Buzz: Microsoft, Yahoo Mock New Social Product
- Paulson Predicts U.S. Will Recover 'Every Penny' of Bank Bailout Cash
- The Dow's Jump Doesn't Mean All's Well in Europe
- Hermes Opens Store Just for Men
- PepsiCo Earnings Preview: Company Is a Mirror of the Economy
- Toyota Adds Some 2010 Camry Models to Recall; Feds Looking into Corolla Steering
Newswire
- Toyota seeks damage control, in public and private
- Despite all the nice talk, partisanship reigns
- Honda adds 437,000 cars to global air bag recall
- Anthem asked to justify rate hike in California
- Senate Democrats unveil jobs package
- Consumers tepid as Disney posts flat 1Q profit
- Micron to buy Numonyx in $1.3 billion stock deal
- EU nations' reality: Greece's woes are theirs, too

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