U.S. Stock Market Summary – April 20, 2011 - Day Trender - News, Business, Real Estate News, Financial, Tech, World

U.S. Stock Market Summary – April 20, 2011

Published by: Kelly Curtis on 20th Apr 2011 | View all blogs by Kelly Curtis

U.S. Stock Market Summary – April 20, 2011

U.S stocks posted strong gains Wednesday on the heels of a string of strong earnings reports that buoyed investors' confidence. Intel, Yahoo, and IBM all posted strong results after Tuesday's closing bell, and investors took notice Wednesday as Yahoo shares surged nearly 5 percent and Intel shares climbing nearly 8 percent.

The Dow Jones industrial average gained 187 points on the day, or 1.52 percent, to close at 12,453.54, its highest level since June 2008. The Standard & Poors' 500 added 18 points, 1.35 percent, while the tech-heavy Nasdaq composite finished the session more than 2 percent higher, rising 57.5 points to close at 2,802.5.

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