Stocks moved higher Tuesday on a report that European leaders are considering a second bailout fund to supplement the one they have already agreed to in the hopes of stabilizing markets in the Eurozone and bringing some sense of calm to international markets.
For the day, the Dow Jones industrial average finished up 52.30 points at 12,150.13 while the Nasdaq trimmed 6.20 points to close at 2,649.56. The S&P 500 inched up 1.39 points to 1,258.47.
“We are coming to a head in Europe, and it's no longer about the small countries like Greece," Paul Zemsky, chief investment officer at ING Investment Management, told the Associated Press.
Here are more details from Tuesday’s trading session:
Dow Jones Industrial Average:
- Up 52.30 points, or 0.43%, to 12150.13
- Up two consecutive trading days and five of the last seven sessions.
- Highest close since November 11, 2011.
- An intraday high of 12215.71 occurred today, representing an increase of 117.88 points, or 0.97%.
- An intraday low of 12076.71 occurred today, representing a decrease of 21.12 points, or 0.17%.
- Seventeen of the 30 component stocks rose, 11 fell, two were unchanged.
- Today's top five contributors to The Dow's movement and their point contribution: IBM (15.89), CVX (11.66), MMM (9.08), TRV (5.15), MCD (5.00).
- Today's bottom five laggards: CAT (-6.74), UTX (-2.50), JPM (-2.12), AXP (-1.67), BA (-1.67).
- Down 2014.40 points, or 14.22% from its record close of 14164.53 on October 9, 2007.
- Up 6.96% from 52 weeks ago.
- Up 85.58% from its 12-year closing low of 6547.05 on March 9, 2009.
- Down 5.16% from its 2011 closing high of 12810.54 on April 29.
- Up 14.03% from its 2011 closing low of 10655.30 on October 3.
- Year-to-date: up 4.95%.
- DJIA crossed zero 9 times during today's trading session.
Dow Jones U.S. Total Stock Market Index:
- Dow Jones U.S. Total Stock Market Index, 13054.57 (prelim)*, up 5.91 points, or 0.05%, or approximately $5.8 billion in market capitalization.
- Up three consecutive trading days and six of the last seven sessions.
- Highest close since November 11, 2011.
- Down 2690.82 points, or 17.09% (approximately $3.9 trillion in market cap), from its record close of 15745.39 on October 9, 2007.
- Up 91.98% (approximately $7.3 trillion in market cap), from the 12-½ year closing low of 6800.08 on March 9, 2009.
- Up 2.16% over the past 52 weeks.
- Down 8.76% from its 2011 closing high of 14308.37 on April 29.
- Up 15.54% from its 2011 closing low of 11299.07 on October 3.
- Year-to-date: down 0.59%, or approximately $178 billion in market cap.
Data courtesy of Dow Jones Indexes.
