U.S. stocks surged today seemingly because of China’s denial that it is selling European bonds, as well as Spain’s efforts to tighten its budget.
The Dow looked good today, up more than 250 points, while the Nasdaq was also on the rise, up 81 points. The S&P 500 was up 35.
Oil prices finished slightly higher at $74 a barrel, but gold prices fell modestly to $1,210 per ounce.
Locally, Ford was up more than five percent and Dow Chemical was up almost six percent.