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Markets Now: Dow Gains 250 Points Because It's a Market of Stocks

Want to know why the Dow Jones Industrial Average is doing what it's doing? The Dow Jones Industrial Average is up 249.12 points, or 1.0%, to 24609.26, while the S&P 500 added 25.31 points, or 1.0%, to 2681.61 and the Nasdaq Composite has risen 55.37 points, or 0.8%, to 7162.02. Oppenheimer's Ari Wald notes that the NYSE Advance-Decline line has held its March low, even as the S&P 500 bounces around.