US Stocks Move Higher A Day After Big Loss

wochit business
January 14, 2014 AT 9:05 AM
Stocks are higher higher on Wall Street as the market turns positive after its worst day in two months. The Dow Jones industrial average was up 63 points, or 0.4 percent, at 16,321 shortly before noon Eastern time Tuesday. The Nasdaq composite rose 51 points, or 1.3 percent, to 4,164. The gains were led by technology stocks. Time Warner Cable rose 3 percent after the company rejected a takeover offer from Charter Communications. Bond prices fell.