Wall Street up on stimulus hopes

The Dow Jones industrial average was up 95.66 points, or 0.75%, at 12,837.48

Reuters New York

Last Updated : Jan 24 2013 | 1:49 AM IST

US stocks rose on Tuesday on hopes that the Federal Reserve will agree to extend stimulus measures as the economy struggles to recover and the euro zone debt crisis worsens.

The Dow Jones industrial average was up 95.66 points, or 0.75%, at 12,837.48. The Standard & Poor's 500 Index was up 13.22 points, or 0.98%, at 1,358.00.

The Nasdaq Composite Index was up 34.43 points, or 1.19% at 2,929.76.