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Calm U.S. Stocks Stabilize Ahn Young-joon / AP Photo

U.S. Stocks Stabilize

The extreme mood swings on the U.S. stock market seemed to have calmed down a bit as one of the most volatile weeks in Wall Street history comes to a close. The Dow jumped 97 points just minutes after the opening bell. At noon, it had climbed 185 points, or 1.6 percent. By mid-afternoon it had stabilized, holding onto modest gains. Financial, energy, and industrial stocks saw the biggest early upticks following good reports on retail sales and consumer spending.

August 12, 2011 3:30 PM


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