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TUESDAY, NOVEMBER 24, 2009
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 MARKETS 
4

Dow Has Best 2-Month Showing Since 2002

Mixed last day can't beat strong month

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(Newser) – The markets were mixed today but wrapped up a strong month. The Dow, which fell 17.61 points to close at 8168.12, rose 7.4% in April, the Wall Street Journal reports. The Dow has risen 15.65% in two months—its best two-month showing since 2002 and the start of the last bull market, the Journal notes. The Nasdaq, which gained 5.36 to 1,717.30, is up 25% in the same span. The S&P 500 fell 0.83 to 872.81 but rose 9.4% in April and is up 19% since March.

"Everyone is a little news sensitive for the next big thing," said a trader for vFinance Investments. "At the same time, however, investors need to make back their losses and are starting to realize you can't do that in T-bills or the mattress. To get back what you lost, you have to be investing."

Traders work on the floor at the New York Stock Exchange today.
Traders work on the floor at the New York Stock Exchange today.   (AP Photo)
Traders work on the floor at the New York Stock Exchange today.
Traders work on the floor at the New York Stock Exchange today.   (AP Photo)
Traders gather on the floor of the New York Stock Exchange in this undated file photo.
Traders gather on the floor of the New York Stock Exchange in this undated file photo.   (AP Photo)
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4 comments
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AnnieChrist
Apr 30, 09 3:48 PM CDT
Funny, I haven't heard hannity, beck, kudlow, cramer and the geniuses at the wsj calling this the "Obama Stock Market," like they were doing in January and February. If the market continues its recovery, you can bet your last dollar that by June, pox news will be telling us the recovery is due to the far-seeing policies of bush & co. Reply
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Doctor_Zaius
Apr 30, 09 6:42 PM CDT
Took the words right out of my mouth.
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woody66
Apr 30, 09 8:46 PM CDT
Amen Reply
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mickey61988
May 1, 09 2:36 AM CDT
DITTO!!! Reply
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