Bullish Kickoff to Columbus Day: Dow Soars 200 on Europe Progress
FOX Business: The Power to Prosper
U.S. stocks enjoyed an early Columbus Day rally on Monday amid enthusiasm for new promises by the leaders of the euro zone's biggest economies to shore up their banks and solve Europe's debt crisis.
Today's Markets
As of 9:33 a.m. ET, the Dow Jones Industrial Average soared 176 points, or 1.58%, to 11279.47, the Standard & Poor's 500 jumped 20.87 points, or 1.81%, to 1176.33 and the Nasdaq Composite leaped 45.74 points to 2525.31. The FOX 50 gained 15.01 points, or 1.78%, to 858.88.
While U.S. bond markets were closed in observance of Columbus Day, the equity markets appeared to be on track for an upbeat day. The early buying put the blue chips on track for their fourth gain in five sessions.
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