November 10, 2011 / 1:18 PM / 7 years ago

Wall Street rebounds on corporate news

NEW YORK (Reuters) - Stocks bounced back on Thursday from a 3 percent drop in the previous session as investors latched onto positive corporate and economic news in the absence of a clear worsening of Europe’s debt crisis.

The Dow Jones industrial average .DJI gained 113.07 points, or 0.96 percent, to 11,894.01, according to the latest available figures. The Standard & Poor’s 500 Index .SPX gained 10.59 points, or 0.86 percent, to 1,239.69. The Nasdaq Composite Index .IXIC gained 3.50 points, or 0.13 percent, to 2,625.15.

Editing by Kenneth Barry

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