Share “News Summary: US stocks rebound from sell-off”

News Summary: US stocks rebound from sell-off

Published on NewsOK Modified: February 5, 2013 at 3:31 pm •  Published: February 5, 2013
Advertisement

UP, THEN DOWN, THEN UP: Stocks rebounded on Tuesday on a report that showed house prices surged in December and after companies posted strong earnings. The Dow had its worst sell-off of the year Monday after surging above 14,000 for the first time since December 2007 on Friday.

BEAUTY AND THE BEAST: Estee Lauder rose 6 percent to $64.71. The company's income surged after sales rose in the U.S. and emerging markets. Archer Daniel Midland, a company that counts animal feed among its products, gained 3.3 percent to $29.38 after its earnings improved following a restructuring.

WAVE GOODBYE: Struggling computer maker Dell will no longer be listed on the stock exchange after a $24.4 billion buyout. Founder Michael Dell will attempt a turnaround away from the glare and financial pressures of Wall Street.


AROUND THE WEB

  1. 1
    Tulsa man pleads guilty to murder for setting house fire that killed 5-year-old
  2. 2
    Police find hatchet, protective gear in house where Bever family members were slain
  3. 3
    Oklahoma City police: Two arrested after woman sexually assaulted in work freezer
  4. 4
    OU football fans among Top 10 ... in grammar
  5. 5
    Wrestling legend Jimmy 'Superfly' Snuka charged in girlfriend's 1983 death
+ show more

FEATURED JOBS



× Trending business Article