Stocks Start Week on Rebound

Stocks headed higher at today’s open, following a week of profit-taking that left the Dow and S&P down 3.6% and 5% respectively. The Dow was up 107 points, while the Nasdaq added 1.2% and the S&P 1.4%, including a 3% surge in financials. Lowe's soared 11% after reporting a smaller-than-expected dip in earnings, the Wall Street Journal reports.

The gains follow a whopping 17% surge on India’s Sensex, fueled by an election victory for the incumbent government. Demand was so strong that the Bombay Stock Exchange was forced to halt trading. (More stock market stories.)