Dow Up 30 After Rosy Data

By Nick McMaster,  Newser Staff
Posted Aug 25, 2009 3:21 PM CDT
A gallery view of the floor of the New York Stock Exchange, Wednesday Dec. 31, 2008.   (AP Photos/Bebeto Matthews)
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(Newser) – Stocks closed with modest advances on strong economic data and a drop in oil prices, the Wall Street Journal reports. Advances in second-quarter home prices and a boost in July consumer confidence propelled stock indices to new 2009 highs shortly after the open, but oil’s $2.32 drop moderated gains. The Dow gained 30 points to close at 9,539. The Nasdaq added 6 points, closing at 2,024, and the S&P 500 rose 2 points to close at 1,028.