Stocks Mixed; Dow Up 3 Points

Greenspan comments on nationalization keep financials down

By Nick McMaster, Newser Staff

Posted Feb 18, 2009 3:17 PM CST

(Newser) – Stocks vacillated between minor gains and losses today, perking up slightly after President Obama announced his housing plan, MarketWatch reports. Financials continued to slide after Alan Greenspan suggested in a Financial Times interview that bank nationalization would be the “least bad” way to solve the crisis. The Dow gained 3.03 points to close at 7,555.63. The Nasdaq lost 2.69 points, closing at 1,467.97, and the S&P 500 lost .75 points to close at 788.42.

Banc of America specialist Douglas Johnson points to an overhead monitor on the floor of the New York Stock Exchange Wednesday, Feb. 18, 2009, in New York. (AP Photo/Henny Ray Abrams)

Michael Pistillo Jr., left, and Patrick Kenny, both of Barclays Capital, work at their post on the floor of the New York Stock Exchange Wednesday, Feb. 18, 2009, in New York. (AP Photo/Henny Ray Abrams)

Edward Curran, left, of E&J Securities Corp., and Neil Dizdarevic of Midwood Securities work on the floor of the New York Stock Exchange Wednesday, Feb. 18, 2009, in New York. (AP Photo/Henny Ray Abrams)

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Dow Up 397 on Positive News

Financials lead as government moves to help banking giant

Dow Dips 2 Points

Housing starts rise, but come in below expectations

Dow Ends Solid Week Up 32

Indices all up at least 7% for the week

Dow Rallies on Housing; Up 214

Financials and materials firms gain on construction spending, existing home sales

Dow Drops 138

Retail report also drives declines

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OTHER STORIES ON OUR RADAR

Barack Obama • NASDAQ • Dow Jones • mortgage • housing • S&P 500 • financial stocks

MOST POPULAR STORIES

[ By Views ]

[ By Comments ]

More Newser Stories

Dow Up 397 on Positive News

Financials lead as government moves to help banking giant

Dow Dips 2 Points

Housing starts rise, but come in below expectations

Dow Ends Solid Week Up 32

Indices all up at least 7% for the week

Dow Rallies on Housing; Up 214

Financials and materials firms gain on construction spending, existing home sales

Dow Drops 138

Retail report also drives declines

About Us

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Newser By Users

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