Dow Up 17 to End Best Month Since '02

Nasdaq falls in today's session, but enjoys big monthly gains

By Nick McMaster,  Newser Staff

Posted Jul 31, 2009 3:15 PM CDT

(Newser) – Data which showed a slowing pace of decline for US gross domestic products fueled modest advances in the markets today, with the Dow finishing its best month since October 2002, the Wall Street Journal reports. Bank of America and Alcoa paced advancers, and the Dow closed up 17.15 at 9,171.61. The Nasdaq lost 5.80 to close at 1,978.50, while the S&P 500 gained 0.73, settling at 987.48.

  • For the month, the Dow rose 8.4%, the Nasdaq grew 7.8%, and the S&P 500 added 7.4%.

Specialist Igor Lerner of Barclays Capital, center, works with traders on the floor of the New York Stock Exchange in this undated file photo.
Specialist Igor Lerner of Barclays Capital, center, works with traders on the floor of the New York Stock Exchange in this undated file photo.   (AP Photo)
Andrew Mayers of LaBranche & Co. works on the floor of the New York Stock Exchange in this undated file photo.
Andrew Mayers of LaBranche & Co. works on the floor of the New York Stock Exchange in this undated file photo.   (AP Photo)
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