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Wall St jumps at open on Europe deal

Wall St jumps at open on Europe deal
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First Published: Thu, Oct 27 2011. 07 07 PM IST

Updated: Thu, Oct 27 2011. 07 07 PM IST
New York: US stocks jumped more than 2% at the open on Thursday after European leaders agreed to boost the region’s bailout fund and struck a deal with banks and insurers to accept 50% losses on Greek bonds.
The Dow Jones industrial average gained 258.00 points, or 2.17%, to 12,127.04. The Standard & Poor’s 500 Index jumped 30.31 points, or 2.44%, to 1,272.31. The Nasdaq Composite Index climbed 67.87 points, or 2.56%, to 2,718.54.
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First Published: Thu, Oct 27 2011. 07 07 PM IST
More Topics: Markets Update | USA | Stocks | Dow Jones | Nasdaq |