U.S. stocks edge up with Europe in view

U.S. stocks rose for the second session Tuesday, with Wall Street latching onto any signs that Europe will contain its debt crisis.
After rising nearly 80 points and falling 74 points, the Dow Jones Industrial Average  higher by 44.73 points, or 0.4%, to 11,105.85. The gap between the Dow low and high points ?153.67 ?was the narrowest since July 26, according to The Wall Street  market-data group For every stock falling, more than three gained on the New York Stock Exchange, where 1.1 billion shares traded.
Even as investors waded into riskier markets after a very
tough August, traditional safe-haven gold hit a third
consecutive all-time high near $1,900 after staging its biggest
weekly gain in 2-1/2 years last week. Speculation that the Federal Reserve could take new
measures to boost the U.S. economy helped support Wall Street
stocks and gold after four weeks of losses but weighed on U.S.
bond prices. Talk of possible new Fed stimulus follows weeks of market
turmoil and persistent worries that the United States may fall
back into recession. The threat that sovereign debt problems in
euro zone peripheral countries could spread to the larger
economies also contributed to volatility. "The Fed is definitely on people's minds, and you could
argue that some of the bounce seen in high-yield commodity of yiwu
currencies is at least in part related to hopes for more policy
measures," said Wells Fargo strategist Vassili Serebriakov in
New York.