Dow Up 3 as Stocks Stall Ahead of Reports

Investors await consumer confidence, housing, GDP data
By Nick McMaster,  Newser Staff
Posted Aug 24, 2009 3:22 PM CDT
Dow Up 3 as Stocks Stall Ahead of Reports
Traders wear blue jeans as they work on the floor of the New York Stock Exchange Friday, Aug. 21, 2009.   (AP Photo/Richard Drew)

Stocks closed near to opening levels today, with the Dow just barely extending its winning streak into a fifth session, the Wall Street Journal reports. All the indices hit new highs for 2009 early, boosted by housing data, investors pulled back ahead of looming reports on consumer confidence, new home sales, and second-quarter GDP. The Dow closed up 3.32 points at 9,509.28. The Nasdaq sank 2.92 to close at 2,017.98, and the S&P 500 lost .57, closing at 1,025.56.
(More Dow Jones stories.)

Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X