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Stocks Bounce Back on Strong Earnings  04/20 15:29

   Stocks bounce back Monday as U.S. companies turn in healthy earnings reports.

   NEW YORK (AP) --- Stocks bounced back as U.S. companies turn in healthy 
earnings reports.

   Hasbro was among the biggest gainers Monday after the toy maker reported 
earnings that were better than analysts were expecting. The stock jumped 13 
percent.

   Oilfield services company Halliburton also rose after beating analysts' 
estimates.

   The Dow Jones industrial average rose 208 points, or 1.2 percent, to 18,034. 
The Dow recovered most of the 279 points it lost Friday.

   The Standard & Poor's 500 index gained 19 points, or 0.9 percent, to 2,100. 
The Nasdaq composite climbed 62 points, or 1.3 percent, to 4,994.

   The price of oil increased 64 cents to close at $56.38 a barrel in New York.

   Government bond prices edged lower. The yield on the benchmark 10-year 
Treasury note rose to 1.88 percent.


(KA)


 
 
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