Dow Gains 21 as Industrial, Utility Sectors Rise

Signs of life in M&A spur late advances
By Nick McMaster,  Newser Staff
Posted Sep 14, 2009 3:24 PM CDT
Dow Gains 21 as Industrial, Utility Sectors Rise
Traders and specialists on the floor of the New York Stock Exchange watch President Barack Obama's address from Federal Hall, Monday, Sept. 14, 2009.   (AP Photo/Richard Drew)

Stocks swung to gains late in the session today, with industrial stocks and utilities pacing advances, the Wall Street Journal reports. Reports of the Chinese government acquiring power-plant developer AES boosted the S&P 500. AES gained 4.5%, and General Electric climbed 4.6%. The Dow rose 21.39 points to close at 9,626.80. The Nasdaq gained 10.88, closing at 2,091.76, and the S&P 500 added 6.61 to settle at 1,049.34.
(More Dow Jones stories.)

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