Dow Up 58 On Mixed Data

December existing-home sales rise 6.6%
By Nick McMaster,  Newser Staff
Posted Jan 27, 2009 3:22 PM CST
Dow Up 58 On Mixed Data
Traders Jonathan Corpina, left, and Thomas O'Callaghan work on the floor of the New York Stock Exchange in this undated file photo.   (AP Photo/Richard Drew)

Stocks ended higher for the third straight day today amid mixed financial news, the Finanical Times reports. Home prices sank, leading to a surge in sales, while consumer confidence remained low. A better-than-expected earnings report from AmEx led financials higher as the Dow closed up 58.70 points at 8,174.73. The Nasdaq gained 15.44 points to close at 1,504.90, and the S&P 500 rose 9.14 points, settling at 845.7.
(More Dow Jones stories.)

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