Nightly News | December 02, 2011
Wall Street holds on to gains
Stocks held on to the massive gains of this week, sparked by central banks around the world acting together to try to stabilize Europe. NBC’s Brian Williams reports.
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This content comes from a Full-Text Transcript of the program.
BRIAN WILLIAMS, anchor: And on Wall Street here in New York today, stocks held on to the massive gains of this week, which, as you may know, were sparked by central banks around the world acting together to try to stabilize Europe. All the major stock indexes were pretty much unchanged for the day. But for the week, monster rally. The Dow up 7 percent of its total, second biggest weekly point gain in history, swinging the blue chip stocks back into positive territory for the year.