Stock Rose Marks Volatility’s Return

U.S. stocks rose early morning on Wednesday, with the S&P 500 SPX +0.11% bouncing back after a two-session bout of losses, as the yen softened against the dollar and Treasury yields rose. The Dow Jones Industrial Average rallied 40.88 points to 15,162.90. The S&P 500 added 5.10 points to 1,631.23. The Nasdaq Composite rose 5.90 points to 3,442.85.

J.P. Morgan Chase & Co.’s credit rating outlook was revised to negative by Standard & Poor’s ratings agency on Tuesday, said media reports.

BP says the United States saw its biggest-ever annual increase in oil production in 2012, while the world’s demand for energy grew at a slower pace than the year before.

About the Author

has written 14755 stories on this site.

Copyright © 2012 Nine Stocks