Shares prices on Wall Street rebound
03-12-2008
Wall Street rebounded from Monday's falls with sentiment lifted by a better-than-expected outlook from General Electric and hopes for a US rescue for the ailing Detroit automakers. The Dow Jones Industrial Average rallied 270 points, or 3.31 percent to close at 8,419. The Nasdaq composite climbed 51 points, or 3.7 percent, to 1,449, and the Standard & Poor's 500 added 32 points, 3.99 percent, to 848.
