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STOCK MARKET Dow Rebounds on Black Friday Haul Richard Drew / AP Photo

Dow Rebounds on Black Friday Haul

The Dow picked itself up Monday after the worst Thanksgiving week since 1942 and gained 291 points, or nearly 2.6 percent. The NASDAQ rose even higher, up 3.5 percent, or 85 points. The turnaround comes in part from a new European deal to bring countries closer together through a binding budget—not to mention a 6.6 percent hike in Black Friday sales over last year. Still, the Organization for Economic Cooperation and Development delivered the requisite note of caution: “Contrary to what was expected earlier this year, the global economy is not out of the woods.”

November 28, 2011 4:25 PM