Money | stock market Stocks Shoot Up at Open Dow sees triple-digit rise By Kevin Spak Posted Aug 15, 2011 8:46 AM CDT Copied In this Aug. 12, 2011 photo, specialist Joe Mastrolia, right, works at his post on the floor of the New York Stock Exchange. (AP Photo/Richard Drew) Is the panic over on Wall Street? The Dow shot up around 131 points, and the S&P and Nasdaq were up 13.5 and 26.2 as of 9:39am EST. Part of the gain came from Google’s blockbuster acquisition of Motorola, which sent the latter’s stock up 60%, according to the Wall Street Journal. Traders were also watching two other major deals—Time Warner is reportedly close to an agreement to buy Insight Communications, and Bank of America sold its credit card portfolio to Toronto-Dominion Bank. Read These Next Arizona governor wants answers on Grand Canyon fire. Farmer killed by water buffalo a day after he bought them. New Powell move may be attempt to blunt Trump criticism. This find left experienced customs officers "speechless." Report an error