U.S. Stocks on Track for Worst May Since 1962

Stocks wind down what’s shaping up to be the worst May since 1962 but could end the week on an upswing, if there’s no fresh bad news from Europe. The Dow jumped 284 points, or 2.9 percent Thursday to 10,258, and the S&P 500 rose 35 points, or 3.3 percent to 1103. Stocks turned higher Thursday as China denied that it was reviewing its euro zone bond holdings, a story that drove stocks lower into Wednesday’s close – CNBC

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