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WEDNESDAY, NOVEMBER 25, 2009
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 MARKETS 
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Dow Up 106; Hope for a Bottom

MasterCard's success boosts financials

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(Newser) – Stocks rebounded after initially falling lower today, as investors snapped up bargains from depressed equities, MarketWatch reports. MasterCard led advances with a 14% gain after beating profit estimates. Wal-Mart was another strong performer, rising 4.33% on strong January sales. The Dow closed up 106.41 at 8,063.07. The Nasdaq gained 31.19 to 1,546.24, and the S&P 500 rose 13.62, closing at 845.85.

Trader John Bowers watches the numbers as he works on the floor of the New York Stock Exchange.
Trader John Bowers watches the numbers as he works on the floor of the New York Stock Exchange.   (AP Photo)
Traders gather at a post on the floor of the New York Stock Exchange in this undated file photo.
Traders gather at a post on the floor of the New York Stock Exchange in this undated file photo.   (AP Photo)
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The ship is headed in the right direction, and they don't need money anymore to move forward. That brings back confidence to investors. - Jonathan Corpina, of Meridian
Equity Partners, on banks eager to pay off TARP loans

There are willing participants out there who want to get back into the market, most are waiting but if say for example the administration can come up with a decent stimulus plan the market may respond and we could get a very nice rally despite the fact that the current situation is quite negative. - Robert Pavlik, Banyan Partners

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OFF THE GRID
11.24.09
Murdoch and Microsoft: The Mice Are Trying to Roar
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Books Are Bad for You
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