Wall Street Closes on 400+ Point Rally
By: KARK 4 News
Updated: August 11, 2011
For the second time this week, Wall Street has rallied back from a devastating previous trading day.
At the closing bell this afternoon, the Dow Jones Industrial Average was up by well over 400 points.
It was also a good day for the S&P 500 and the Nasdaq, which both added healthy point margins today.
The rocky week on Wall Street started Monday when the effects of the nation's lowered credit rating punched the markets.
A recovery that followed on Tuesday was wiped out Wednesday with another slide.
At the closing bell this afternoon, the Dow Jones Industrial Average was up by well over 400 points.
It was also a good day for the S&P 500 and the Nasdaq, which both added healthy point margins today.
The rocky week on Wall Street started Monday when the effects of the nation's lowered credit rating punched the markets.
A recovery that followed on Tuesday was wiped out Wednesday with another slide.
