Tag: bailout plan

  • Greek Turmoil Sent Stocks Lower

    U.S. stocks finished sharply lower on Tuesday after Greece’s prime minister said he would call a national vote on an unpopular European plan to rescue that nation’s economy. The Dow plunged 297.05 points, or 2.48 percent, to close at 11,657.96 Tuesday. The S&P 500 fell 35.02, or 2.79 percent, to 1,218.28. The Nasdaq dropped 77.45,…

  • Stocks Rally on Europe Debt Efforts

    U.S. stocks ended nearly 1% higher on Wednesday, supported by hopes that Europe was inching closer to a plan to recapitalize its banks and an agreement on a bigger, more powerful bailout plan. The Dow Jones Industrial Average ended up 102.55 points, or 0.90%, to 11,518.85. The S&P 500 gained 11.71 points, or 0.98%, to…