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Nov 11, 2011

Stocks and Markets in the News | Wall Street at Open: U.S. stocks open with sharp gains on Italian moves: Market Pulse - MarketWatch

By Kate Gibson

NEW YORK (MarketWatch) -- U.S. stocks began Friday with robust gains as Italian bond yields fell following the Italian Senate's approval of austerity measures. The Dow Jones Industrial Average DJIA +1.61% climbed 207.59 points to 12,101.31, with all 30 of its components gaining ground, led by Walt Disney Co. DIS +6.12% , up 6.6%, after the theme-park operator reported quarterly profit that exceeded expectations. The S&P 500 Index SPX +1.52% added 17.02 points to 1,256.71, with financials gaining the most among its 10 industry groups. The Nasdaq Composite COMP +1.14% advanced 27.93 points to 2,653.08.

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