DOW : 13,979.30 Up 99.22(0.71%)

Stocks Recover After Worst Drop in 2013, but Dow Ends Shy of 14,000

 

The Dow Jones Industrial Average rallied 99.22 points, or 0.71 percent, to end at 13,979.30, but failed to close above the psychologically-important 14,000 level.

The S&P 500 climbed 15.58 points, or 1.04 percent, to close at 1,511.29. The Nasdaq jumped 40.41 points, or 1.29 percent, to finish at 3,171.58. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, tumbled below 14.