Stocks Up After Testing Lows

Dow moves back toward 8,000 in early trading
By Kevin Spak,  Newser Staff
Posted Feb 3, 2009 8:55 AM CST
Traders work on the floor of the New York Stock Exchange.   (AP Photo)
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(Newser) – Stocks took a modest bounce at the open, after a Monday session that left the Dow near its bear-market lows, the Wall Street Journal reports. The Dow climbed 20 points to 7,958, while the S&P and Nasdaq inched up fractionally. In individual stocks, Motorola plunged 8.6% after swinging to a fourth-quarter loss of $3.58 billion. Merck moved in the other direction, swinging to a fourth-quarter profit, and seeing shares rise 3.2%.