US stocks rise in afternoon trading
Source: AP-EXCITE
By ALEX VEIGA
Investors took advantage of lower prices to buy stocks, lifting the U.S. market on Tuesday in relatively light trading.
Stocks are recovering modestly from their biggest losses in more than seven months on Monday, when the Standard & Poor's 500 index fell 2.3 percent.
KEEPING SCORE: The Dow Jones industrial average rose 54 points, or 0.4 percent, to 15,427 at 1:59 p.m. Eastern time. The S&P 500 index rose 10 points, or 0.6 percent, to 1,752. The Nasdaq composite gained 33 points, or 0.8 percent, to 4,030.
TENTATIVE REBOUND?: Markets were coming off a drop of more than 320 points for the Dow, and the blue-chip index's worst January performance in five years following disappointing news about U.S. manufacturing.
FULL story at link.
Read more: http://apnews.excite.com/article/20140204/DABOK3200.html
Trader Kevin Lodewick works on the floor of the New York Stock Exchange Tuesday, Feb. 4, 2014. Stocks are mixed on Wall Street after suffering big losses the day before. (AP Photo/Richard Drew)
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