Market recap: Stocks bounced back after a five-day slide, bolstered by Alcoa's strong start to...
Market recap: Stocks bounced back after a five-day slide, bolstered by Alcoa's strong start to earnings season and a drop in Spanish and Italian borrowing rates. Financials, hit hard yesterday, led as all sectors finished higher; home builders rallied. Crude oil futures rose 1.7% to $102.70; yields on 10-year Treasurys jumped to 2.03%. NYSE gainers led losers nearly four to one.
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