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
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)

(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%.

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Showing 3 of 3 comments
Aug 1, 2009 2:54 AM CDT
; ^)
Jul 31, 2009 11:58 AM CDT
This, the indications of housing upturn, the international situation, the Ford profit...etc. are a blow to those who have been wishing for America to crash & burn. How they have been hoping against hope, in their blinkered partisanship, that everything under this administration would fail.
Jul 31, 2009 9:01 AM CDT
King-your-ass: we won and you lost. eat your liver.