The broad market chalks up its biggest one-day gain since October 1987, and the Dow adds a whopping 488.95 points, as investors stampedes back to buy stocks.
The story "Dow up 488 points as stocks surge" published July 24, 2002 at 3:00 AM is no longer available on CNET News.
Content from Reuters expires after 30 days.
January 2, 2010 6:26 PM PST
January 2, 2010 4:56 PM PST
January 2, 2010 4:16 PM PST
Add headlines from CNET News to your homepage or feedreader.
More feeds available in our RSS feed index.
Related quotes
The Wisdom of Clouds
Application packaging for cloud computing: A proposalCloud computing promises new ways to build and deploy distributed applications. So why are we so hung up on the old ones?
Gallery
En route to GPS-based air traffic control (images)
Technically Incorrect
AT&T, Luke Wilson try smaller coverage numberIn a new Luke Wilson ad, AT&T claims its 3G network covers 230 million people. This contrasts with ads from November that featured total coverage rather than just 3G.
Beyond Binary
Visual Studio launch delayed by 'a few weeks'Microsoft says it's still working to resolve some performance issues related to the Visual Studio 2010 developer tool suite, which was slated for a March release.
Video
Deep-sea volcanic explosion--part 2 (video)
Digital Media
China arrests thousands in Web porn crackdownThe Chinese government says it arrested more than 5,000 people in 2009 in an effort to crack down on Web porn use, according to Reuters.
Video
Deep-sea volcanic explosion--part 1 (video)
The Social
For eBay sellers, a holiday hamster hangoverThe gift frenzy over Zhu Zhu Pets leaves some power sellers feeling like they've just run a marathon--but the steep price tags driven by scarcity lead to some impressive profits.
Cutting Edge
NASA's next frontier: Venus, the moon, or an asteroidAgency selects three finalists in a competition to help determine where to focus its attention to get the most scientific value out of research into our solar system.
Gallery
NASA trains WISE eye on the sky (photos)
Crave
Robots in 2009: The wackier, the betterNo surprise here--some of the silliest and oddest robots of the year gone by were to be found in Japan. But who could top Taiwan's kissing bots?
Green Tech
Green-tech venture investing cools off in 2009Green tech is still attracting billions of dollars a year, but the amount of money has shrunk significantly as investors began to focus on start-ups with the most potential.
