Dow Up Only 28 Despite Strong Data

US retail sales up 0.6% in June, but investors show caution
By Nick McMaster,  Newser Staff
Posted Jul 14, 2009 3:14 PM CDT
Traders work on the floor of the New York Stock Exchange in this undated file photo.   (AP Photo/Richard Drew)
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(Newser) – Stocks wavered in a narrow range today before closing with modest gains, the Wall Street Journal reports. Though Goldman Sachs posted a quarterly profit way beyond expectations and the Commerce Department reported that US retail sales rose 0.6% last month, investors’ reaction was muted. The Dow rose 28 points to close at 8,360. The Nasdaq gained 6, settling at 1,800, and the S&P 500 added 5 to close at 906.