Investors hopeful that lawmakers are close to finalizing the details of the $700 billion bailout plan lifted the markets higher during the midday with the Dow rocketing 265 points to 11,090. Nasdaq jumped 43 points to 2199.
On the upside
CRA International (Nasdaq: CRAI) reported sharply lower third quarter earnings that fell short of expectations due to lower revenue from the management and financial consulting company's finance litigation unit.
On the downside
In the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by more than 2 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks climbed 10 points to 708.