Dow Closes Up Tues

The Dow closed up 485 points Tuesday, an increase of 4.68%. Tuesday's closed marked one of the biggest single day climbs in history.

Investors are said to be optimistic that the government will pass a bailout bill shortly.

Congress is expected to reexamine the controversial $700 billion bailout bill later this week.

The Dow closed down nearly 778 points down Monday, the equivalent of $1.2 trillion in market value and a 7% drop. Monday marked the worst single day point loss ever – even topping the 648 points loss on September 17, 2001 – the first day of trading after the September 11 attacks.


Stocks took a nose dive Monday after speculation began to spread that the House of Representatives would vote down the controversial bailout plan – which they did – 228-to-205 – just after 2 pm et Monday.