Wall Street surges after 12-year lows
25-02-2009
On Wall Street, shares roared higher overnight - a day after key indexes fell to 12-year lows - as investors returned to the market in the hunt for bargains. The blue-chip Dow Jones Industrial Average rose 236.08 points - or just over three percent - to 7,350.86 after the closing bell. Meanwhile, the tech-heavy Nasdaq composite leapt 54.11 points, or almost four percent to 1,441.83 and the Standard & Poor's 500 broad-market index rallied 29.75 points or four percent to a close of 773.08.
