U.S. Stocks Rally at Close

After starting the week on a low note, U.S. stocks surged by end of day Wednesday, with all three major indexes closing in positive territory. The Dow Jones finished up 2.4 percent, while Standard & Poor’s and the NASDAQ both closed up roughly 3 percent. U.S. investors took their cues from market rebounds overseas, after a German court’s ruling in favor of backing euro-zone bailouts indicated progress in Europe’s debt crisis. Yahoo’s stock also rose a whopping 6 percent, a day after CEO Carol Bartz—who failed to effectively lead the company during her two-year tenure—was allegedly “fired over the phone.”