Stocks Jump 339.51 Points on Favorable Economic News

Blue Chips jumped 339.51 points to end at 12208.55, boosted by economic news from Europe and the U.S. All 30 component stocks ended higher.

“By once again pushing The Dow above the 12000 level on pace to its largest-ever monthly point increase, the market is clearly cheered by the favorable economic news coming out of both Europe and the U.S. However, until more lasting repairs to the many macroeconomic challenges faced around the world are addressed, it’s likely the markets will continue to ride the roller-coaster of volatility for the foreseeable future,” said John Prestbo, Dow Jones Indexes’ Editor & Executive Director.

Dow Jones Industrial Average

  • Up 339.51 points, or 2.86% to 12208.55
  • Up two consecutive trading days and five of the last six sessions.
  • Biggest points gain since August 11, 2011.
  • Biggest percentage gain since October 10, 2011.
  • Third largest points gain this year.
  • Fifth largest percentage gain this year.
  • Highest close since July 28, 2011.
  • Up 501.93 points, or 4.29%, over the two-day period.
  • Biggest two-day points gain since August 12, 2011.
  • Biggest two-day percentage gain since August 24, 2011.
  • An intraday high of 12284.31 occurred at 15:26:20 today, representing an increase of 415.27 points, or 3.50%
  • An intraday low of 11872.07 occurred at the open today.
  • All 30 component stocks closed up today and have done so eight times previously in 2011.
  • Today's top five contributors to The Dow's movement and their point contribution: CAT (36.03), MMM (33.22), IBM (29.59), UTX (24.52), JPM (21.49).
  • Today's bottom five and their point contribution: PG (2.35), INTC (3.25), WMT (3.33), KFT (3.41), PFE (4.16).
  • Today’s range of 412.24 points is its largest since October 4, with at range of 420.95 points.
  • Down 1955.98 points, or 13.81% from its record close of 14164.53 hit on October 9, 2007.
  • Up 9.85% from 52 weeks ago.
  • Up 86.47% from its 12-year closing low of 6547.05 on March 9, 2009.
  • Down 4.70% from its 2011 closing high of 12810.54 on April 29.
  • Up 14.58% from its 2011 closing low of 10655.30 on October 3.
  • Month-to-date: up 11.87%.
  • Year-to-date: up 5.45%.

Dow Jones U.S. Total Stock Market Index (FORMERLY KNOWN AS DOW JONES WILSHIRE 5000)

  • Dow Jones U.S. Total Stock Market Index, 13336.00 (prelim)*, up 463.10 points, or 3.60%, or approximately $544 billion in market capitalization.
  • Up two consecutive trading days and five of the last six.
  • Biggest one-day gain (points and percentage) since August 11, 2011.
  • Up 607.71 points, or 4.77%, over the two-day period.
  • Largest two-day points gain since August 12, 2011.
  • Largest two-day percent gain since August 29, 2011.
  • Highest close since August 1, 2011.
  • Down 2409.39 points, or 15.30% (approximately $3.5 trillion in market cap), from its record close of 15745.39 on October 9, 2007.
  • Up 96.12% (approximately $7.6 trillion in market cap), from the 12-½ year closing low of 6800.08 on March 9, 2009.
  • Up 8.80% over the past 52 weeks.
  • Down 6.80% from its 2011 closing high of 14308.37 on April 29.
  • Up 18.03% from its 2011 closing low of 11299.07 on October 3.
  • Month-to-date: up 14.21%.
  • Year-to-date: up 1.56%, or approximately $164 billion in market cap.

*The index values for the Dow Jones U.S. Total Stock Market Index are in price return and float-adjusted. Full market capitalization will continue to be used in this factoid.

Data courtesy of Dow Jones Indexes

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