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Friday, October 10
U.S. indexes post gains Tuesday
WASHINGTON, July 8 (UPI) -- U.S. stock indexes posted strong gains Tuesday as oil prices continued to recede from the record high set Friday.
Oil prices dropped to $135.88 per barrel on the New York Mercantile Exchange.
By close Tuesday, the Dow Jones industrial average was up 152.25 points to 11,384.21, up 1.36 percent. The Standard and Poor's 500 index rose 21.39 points to 1,273.70, up 1.71 percent. The Nasdaq composite index rose 51.10 points to 2,294.42, up 2.28 percent.
On the New York Stock Exchange, 2,147 stocks advanced and 1,032 declined on a volume of 1.725 billion shares traded.