Wall Street surges more than 6 percent

Markets Continue To Respond To Poor Economic News
Traders work on the floor of the New York Stock Exchange on November 13, 2008 in New York City. The markets continued to be highly volatile.
Michael Nagle/Getty Images

Stocks mounted a huge rebound after being down sharply earlier in the session.

The Dow soared 552 points to 8,835. That was the third-largest point gain in history coming after three days of declines.

The S&P gained nearly 59 points to 911.

And the Nasdaq composite surged 97 points to 1,596.

Advancing issues led decliners by a 3 to 1 margin.

Volume on the NYSE came to 7.4 billion shares. Nasdaq volume was 3 billion shares.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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