Markets
US stocks rebound, despite Greece fears
NEW YORK : US stocks closed higher on Monday, after making a healthy rebound from steep initial losses caused by worri
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The Dow Jones Industrial Average rose 69.22 points (0.63 percent) to 11,061.35 in closing trade.
The broader S&P 500 climbed 8.05 points (0.70 percent) to 1,162.28, while the tech-heavy Nasdaq Composite gained 27.10 points (1.10 percent) to stand at 2,495.09.
US stocks fell around one percent at the open, following sharp losses on European markets, before staging a rebound on a volatile day of trading.
Copyright AFP (Agence France-Presse), 2011