Insurers drive stocks higher; Dow gains 254

Published



NEW YORK — So much for Irene. Stocks rose broadly Monday, led by insurance companies, after it became clear that the tropical storm caused far less damage than many had feared. The Dow Jones industrial average jumped 254 points.

Trading volume, or the number of shares bought and sold, was the lowest since July 26 as many traders struggled to get to work in Lower Manhattan or were still on vacation.

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