The New York Entrepreneur

: Dow industrials up by more than 300 points in final hour of trading

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All three major U.S. stock indexes were off their session highs, though still trading higher in the final hour of Monday’s session as investors focused on the positive aspects of UBS’s agreement to buy troubled rival Credit Suisse. Dow industrials were up more 300 points, or 1%, while the S&P 500 gained 0.7% and the Nasdaq Composite was 0.2% higher. The Dow had finished Friday’s session with its second straight week of losses, down by 47.66 points or almost 0.2% for last week.

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