Wall Street rallies in a traders market as the Dow Jones Industrial Average added 260 points. Mark Lasseigne has today's Acadiana Business Index



  • Today markets rallied after Italy's senate approved a 2012 budget bill. The move helps pave the way for Prime Minister Silvio Berlusconi to resign
  • The bond market was closed in observance of Veterans Day.

In corporate news,

  • Walt Disney led the blue chips higher, gaining 6%, to 36.70.  The company said profits were boosted by strength in its theme-parks and television business segments.
  • E*Trade Financial fell 4.1% to 9.09, after the online broker said it would not put itself up for sale. 
  •  And home builder D.R. Horton swung to a profit on fewer write downs. Shares dropped 1.7% to 11.46.
  • Crude oil continues to march higher, closing at $98.99 a barrel.
  • And Gold settled at $1,788 an ounce.