US stocks rose, with the Standard & Poor's 500 Index capping its best three-day rally in two months
US stocks rose, with the Standard & Poor's 500 Index capping its best three-day rally in two months. Yahoo! Inc. earnings topped estimates and industrial production gained more than forecast. Yahoo jumped 6.3% Bank of America Corp. (BAC) retreated 1.6% after reporting a quarterly loss. Google Inc. sank 5.7% in extended trading after the company reported sales that missed estimates. The S&P 500 added 1.1% to 1,862.31 at 4 p.m. in New York, bringing its three-day advance to 2.6%. The Dow Jones Industrial Average rose 162.29 points, or 1%, to 16,424.85. About 6 billion shares changed hands on US exchanges, the slowest trading in one month. Read the full report: (VIEW LINK)
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