Wall Street's wildest week since 2008 careened into another 400-plus point move for the Dow on Thursday. This time, stocks shot up after investors saw small signs that the economy might not be headed into a new recession. Fewer Americans joined the unemployment line last week, and technology bellwether Cisco Systems Inc. said revenue could grow faster this quarter than analysts expected.
The Dow Jones industrial average rose 423.37 points, or 3.9 percent, to 11,143.31.
The Standard & Poor's 400 index rose 51.88, or 4.6 percent, to 1,172.64.
The Nasdaq composite index rose 111.63, or 4.7 percent, to 2,492.68.
For the week to date:
The Dow is down 301.30, or 2.6 percent.
The S&P 500 is down 26.74, or 2.2 percent.
The Nasdaq is down 39.73, or 1.6 percent.
For the year to date:
The Dow is down 434.20, or 3.8 percent.
The S&P 500 is down 85, or 6.8 percent.
The Nasdaq is down 160.19, or 6 percent.
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