Summary Box:
By APThursday, March 11, 2010
Summary Box:
STRONG START: Stocks jumped after the second-quarter earnings season started off with a bang. Aluminum maker Alcoa and railroad operator CSX, both economic bellwethers, reported strong results. The Dow jumped nearly 147 points.
GOOD OUTLOOK: Alcoa and CSX also provided optimistic forecasts, allaying some worries about how the broader economy was doing.
‘CHIP’-ER RESULTS: Chipmaking giant Intel reported blowout earnings after the closing bell, continuing the positive tone.
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