Dow Struggles To A Positive Close

Wall Street bargain-hunting and a stronger dollar sparked a modest recovery Monday from last week’s huge stock-market selloff.

The Dow Jones industrial average rose 24.06 to 10,303.39, halting a four-day retreat, but finished well below its highs of the day. The index of 30 blue-chip companies had been up as much as 123.16 points Monday morning.

Last week, the Dow fell a total of 524.30 points, its biggest weekly point loss ever. That plunge left the Dow 1,046.71 points, or 9.2 percent, below its record close of 11,326.04, set Aug. 25. But with Monday’s lift, it is up more than 12 percent this year.