Today's Surging Stocks
Today's rally -- with 15 minutes left in the trading day, the Dow, the Nasdaq and the S&P 500 all are up 9 percent -- is generally across the board, sector-wise.
Advancers on the New York Stock Exchange outpaced decliners by about 2,900 to 250.
Three of the five most active stocks on the exchange are from the financial sector -- Morgan Stanley, Bank of America and Citi -- with AIG and GE rounding out the top five.
Morgan Stanley was on pace for its biggest percentage gain of the day, after cinching the Mitsubishi deal, but that's partly because Morgan lost 60 percent of its value last week on fears the Japanese would pull out.
On the Nasdaq, both Apple and Microsoft are in the top five movers.
In a sign of increasing investor confidence, gold futures -- considered a safe-haven investment -- have dropped for the third straight session.
-- Frank Ahrens
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