After a week most bulls would love to forget, the Dow finally looks ready to shake off its slump. The trigger? A cocktail of bullish earnings, a streaming price war, and wildly positive economic data out of China. Dow Surges More Than 250 Points By 9:57 am ET, the Dow Jones Industrial Average had surged by 264.51 points or 1.01 percent, launching the index to 26,407.56. The S&P 500 punched through 2,900 following a 0.68 percent pop, and the Nasdaq inched closer to 8,000 with a 0.45 percent gain. On Thursday, two of the US stock market’s three major indices
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