The S&P 500 rose 3.4 percent to 1,162.35 at 4 p.m. in New York, for the biggest rally since Aug. 11. The Dow Jones Industrial Average DJIA, -3.12% rose 322.11 points, or 3%, to 11,176.76.
– Stocks had their best day in more than a week today, with the Dow jumping a whopping 322 points, while the Nasdaq and S&P gained 101 and 39 points respectively. Investors are betting that the Federal Reserve will heap more stimulus on the economy this week, Bloomberg reports, while a market analyst tells MarketWatch that the rally should be chalked up to “a shift in investor psychology.”