U.S. stocks surge up 194.13 points, or 1.5%, to 13,115.54
from MarketWatch.com - MarketPulse
SAN FRANCISCO (MarketWatch) -- U.S. stocks surged Tuesday, lifted into a broad rally by improved sentiment about Europe's debt situation and a jump in tech heavyweights. The Dow Jones Industrial Average ended up 194.13 points, or 1.5%, to 13,115.54. Walt Disney Co. and Kraft Foods Inc. led percent gainers; IBM Corp. pulled the most weight, rising 2.3% to $207.45 ahead of its earnings. It was the Dow's biggest point gain in a month, and all 30 components ended higher. After lagging the most Monday, the Nasdaq Composite ended up 54.42 points, or 1.8%, to 3,042.82. Apple Inc. gained 5.1% to $609.70. The S&P 500 rose 21.21 points, or 1.6%, to 1,390.78.