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Video: Dow Jumps on Auto News
Despite grim economic reports, U.S. stocks soared on promising news in the U.S. auto industry. The Dow Jones jumped more than 183 points to close at 8,668.39. The S&P 500 climbed 21.22 points to 890.64. The Nasdaq was up 40.38 points to 1,550.70. Crude oil closed down at $39.03 a barrel.
Video: Hope For The Auto Industry
marketnewslive.blogspot.com — Many are slowly becoming more confident in car manufacturers. As Michelle Miller reports, it may be due to an infusion of cash into the auto industry, higher cash rebates, and lower interest rates. (more) Video: Hope For The Auto Industry
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