US Stocks Rally on Economic Data, Erasing S&P 500’s 2011 Loss – BusinessWeek
 Bloomberg |
US Stocks Rally on Economic Data, Erasing S&P 500's 2011 Loss
BusinessWeek Energy producers and financial companies led a surge by all 10 groups in the S&P 500, adding at least 4.8 percent. Akamai Technologies Inc. soared 20 percent after agreeing to buy startup competitor Cotendo Inc. Oracle Corp. tumbled 11 percent after … Stocks Rise, Erasing S&P 500's Decline for 2011; Treasuries Drop US stocks buoyant ahead of Christmas US stocks extend gains on consumer spending data, passage of payroll tax measure |
