Wall Street rises for third day

NEW YORK (Reuters) - U.S. stocks rose for a third straight day on Tuesday, pushing the S&P above 1,400 for the first time since early May, on growing optimism the European Central Bank would act soon to contain the bloc's debt crisis.

The Dow Jones industrial average gained 50.71 points, or 0.39 percent, to 13,168.22, according to the latest data. The Standard & Poor's 500 Index gained 7.08 points, or 0.51 percent, to 1,401.31. The Nasdaq Composite Index gained 25.95 points, or 0.87 percent, to 3,015.86.

(Reporting By Edward Krudy; Editing by Kenneth Barry)

Updated Date: Aug 08, 2012 02:00 AM

Also Watch

Watch: Firstpost test rides the new Thunderbird 500X in Goa and walks you through the Royal Enfield Garage Cafe
  • Tuesday, April 17, 2018 Varun Dhawan on Shoojit Sircar's October, 5-star reviews and working with Anushka Sharma in Sui Dhaaga
  • Saturday, April 14, 2018 Ambedkar Jayanti: Re-visiting Babasaheb's ideals exposes fake Dalit politics of Rahul Gandhi and Congress
  • Monday, April 9, 2018 48 hours with Huawei P20 Pro: Triple camera offering is set to redefine smartphone imaging
  • Monday, April 16, 2018 Rajyavardhan Singh Rathore interview: Sports can't be anyone's fiefdom, we need an ecosystem to nurture raw talent

Also See