Dow Up 3 as Stocks Stall Ahead of Reports

Investors await consumer confidence, housing, GDP data
By Nick McMaster,  Newser Staff
Posted Aug 24, 2009 3:22 PM CDT
Traders wear blue jeans as they work on the floor of the New York Stock Exchange Friday, Aug. 21, 2009.   (AP Photo/Richard Drew)
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(Newser) – Stocks closed near to opening levels today, with the Dow just barely extending its winning streak into a fifth session, the Wall Street Journal reports. All the indices hit new highs for 2009 early, boosted by housing data, investors pulled back ahead of looming reports on consumer confidence, new home sales, and second-quarter GDP. The Dow closed up 3.32 points at 9,509.28. The Nasdaq sank 2.92 to close at 2,017.98, and the S&P 500 lost .57, closing at 1,025.56.