Digital Access

Digital Access
Access nwherald.com from all your digital devices and receive breaking news and updates from around the area.

Home Delivery

Home Delivery
Local news, prep sports, Chicago sports, local and regional entertainment, business, home and lifestyle, food, classified and more! News you use every day! Daily, weekend and Sunday packages.

Text Alerts

Text Alerts
Stay connected to us wherever you are! Get breaking news updates along with other area information sent to you as a text message to your wireless device.

Email Newsletters

Email Newsletters
We'll deliver news & updates to your inbox. Plan your weekend and catch up on the news with our newsletters.
State and Nation Business

Stocks bounce higher on strong economic reports

NEW YORK – Stocks are ending higher on Wall Street after several encouraging economic reports brought buyers back to the market.

Home prices jumped in April. Durable goods orders also rose and consumer confidence soared.

The Dow Jones industrial average rose 100 points, or 0.7 percent, to close at 14,760 Tuesday. The Dow slumped 139 points the day before.

The Standard & Poor's 500 index rose 14 points, or 1 percent, to 1,588. Telecommunications and bank stocks rose the most.

The Nasdaq composite rose 27 points, or 0.8 percent, at 3,347.

The yield on the 10-year Treasury note rose to 2.60 percent from 2.54 percent late Monday.

The gains were broad. Four stocks rose for every one that fell on the New York Stock Exchange. Volume was average at 3.6 billion shares.

Loading more