Banks Rally Late; Dow Up 1

By Harry Kimball,  Newser Staff
Posted Jun 8, 2009 3:10 PM CDT
Traders work the floor of the New York Stock Exchange.   (AP Photo)
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(Newser) – The market was level today as financials awaited notice of which companies would be allowed to pay back TARP funds, the Wall Street Journal reports. The good news contrasted with a drop-off in commodities and a poor performance by Apple, which announced new iPhones, laptops, and operating systems. The Dow added 1.44 to 8,764.57. The S&P sank 0.96 to 939.13. And the Nasdaq lost 7.02 to end at 1,842.40.