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The Dow Jones industrial average was up 322.11 points, or 2.97 percent, at 11,176.76.

Hopes for Another Fed Rescue Drive 3 Percent Rally

Stocks shot three percent higher on Tuesday on speculation Federal Reserve Chairman Ben Bernanke this week would signal new help for the economy, giving investors hope a four-week rout was nearing an end.
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BMO profit jumps 18 percent

BMO profit jumps 18 percent

Bank of Montreal's (BMO.TO: Quote) quarterly profit rose by a higher-than-expected 18 percent as capital markets income surged and a recent U.S. acquisition started to contribute, Canada's No. 4 lender said on Tuesday.
Autos propel Canadian retail sales higher in June

Rise in Canadian retail sales fails to impress

Canadian retail sales rose a seemingly healthy 0.7 percent in June from May, but the figure prompted little enthusiasm from analysts who noted a one-off jump in auto sales had fueled most of the gain.
Hurricane Irene 2011

Hurricane Irene Update: Storms Strengthens, Path Leading to U.S. Strike

Hurricane Irene has grown stronger, and the storm is expected to further strengthen and strike the U.S. southeast coast by the weekend, possibly as a Category 3 or Category 4 storm. More than 60 million people from Florida to New York and Massachusetts could be impacted by the powerful storm.
Hurricane Irene

Hurricane Irene: Threatens East Coast With Expected Cat. 4 Devastation

The projected path of Hurricane Irene shifted slightly to the west overnight, with a chance of the eye hitting around Wilmington, according to the National Hurricane Center. The National Hurricane Center says Irene will strengthen and could become a major hurricane later today or Wednesday.
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Hurricane Irene 2011: Storm May Become Category 4

Hurricane Irene may become a Category 4 storm by the time it reaches Florida on Friday. Although the worst of the hurricane is expected to hit off the Florida coast, parts of Broward and Palm Beach Counties are still in Irene's projected path.
Hurricane Irene

Hurricane Irene Heads for Carolinas; Could be Category 4 Storm

Hurricane Irene continued its path of destruction on Monday with winds reaching up to 100 mph as it headed towards the U.S. The Category 2 storm left one million Puerto Rican people without power on Monday, wreaked havoc in the Dominican Republic, destroyed Richard Branson's Virgin Island home, and appears on a direct path for North and South Carolina.
A man sits outside his home after Hurricane Irene hit the municipality of Loiza

Hurricane Irene Gains Strength; Tracking Toward Florida, Georgia, Carolinas

As the forecast model matures, Hurricane Irene now appears headed on a path up Florida's east coast, with a possible direct hit on Georgia and the Carolinas. Florida is far from out of the woods, and if the storm stays on track, the state could suffer significant damage from a couple of days of torrential rains and high winds.
Hurricane Irene

Hurricane Irene 2011 Threatens Bahamas, U.S.

Hurricane Irene sustained 80 mph winds as the storm rocked the area just off the northeastern coast of Hispaniola. The National Hurricane Center expected Irene to continue gaining momentum over the next few days but by Thursday, forecasters said that it could be a major Category 3 hurricane with winds up to 115 mph.
Jack Layton Dies

Jack Layton Dies at Age 61

Canadian opposition leader Jack Layton died early Monday morning after battling cancer. He was 61 years old.

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