How the major stock indexes fared Monday

AP News
Posted: Sep 12, 2011 5:17 PM
How the major stock indexes fared Monday

A late afternoon rally pushed the stock market higher for only the second day this month. Major indexes spent most of Monday lower as investors worried that Greece could be edging closer to default. The yield on the 10-year Treasury note reached another record low as investors piled into U.S. government debt on fears that Europe's debt crisis could spread. The euro fell to a seven-month low against the dollar.

Traders said a combination of technical factors and reports that China was buying Italian government bonds triggered the late spurt of buying in the stock market.

The Dow Jones industrial average rose 68.99 points, or 0.6 percent, to close at 11,061.12.

The S&P 500 index rose 8.04, or 0.7 percent, to 1,162.27.

The Nasdaq composite index rose 27.10 points, or 1.1 percent, to 2,495.09.

For the year to date:

The Dow is down 516.39, or 4.5 percent.

The S&P 500 is down 95.37, or 7.6 percent.

The Nasdaq is down 157.78, or 5.9 percent.