Skip to: Content
Skip to: Site Navigation
Skip to: Search
WEDNESDAY, NOVEMBER 25, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter


 MARKETS 
0

Dow Gains 21 as Industrial, Utility Sectors Rise

Signs of life in M&A spur late advances

Share

(Newser) – Stocks swung to gains late in the session today, with industrial stocks and utilities pacing advances, the Wall Street Journal reports. Reports of the Chinese government acquiring power-plant developer AES boosted the S&P 500. AES gained 4.5%, and General Electric climbed 4.6%. The Dow rose 21.39 points to close at 9,626.80. The Nasdaq gained 10.88, closing at 2,091.76, and the S&P 500 added 6.61 to settle at 1,049.34.

Traders and specialists on the floor of the New York Stock Exchange watch President Barack Obama's address from Federal Hall, Monday, Sept. 14, 2009.
Traders and specialists on the floor of the New York Stock Exchange watch President Barack Obama's address from Federal Hall, Monday, Sept. 14, 2009.   (AP Photo/Richard Drew)
Trader Gerard Farco stops to check prices at a post on the floor of the New York Stock Exchange Monday, Sept. 14, 2009.
Trader Gerard Farco stops to check prices at a post on the floor of the New York Stock Exchange Monday, Sept. 14, 2009.   (AP Photo/Richard Drew)
A television screen on the floor the New York Stock Exchange shows President Barack Obama as he speaks at Federal Hall, Monday Sept. 14, 2009.
A television screen on the floor the New York Stock Exchange shows President Barack Obama as he speaks at Federal Hall, Monday Sept. 14, 2009.   (AP Photo/Richard Drew)
« Prev« Prev | Next »Next » Slideshow

The market's positive bias remains intact, even though it's certainly overbought for the short term. The selloffs just can't seem to get any traction
- Ted Weisberg, Seaport Securities

« Prev« Prev | Next »Next » Slideshow
OFF THE GRID
11.24.09
Murdoch and Microsoft: The Mice Are Trying to Roar
11.23.09
Books Are Bad for You
0 comments
VIEWING:
 
LEAVE A
COMMENT Comment Policy
Facebook ConnectPost this comment to Facebook?

After connecting you will have the option to post your comment on your Facebook profile.

 

Related Newser Stories

656 Stories

MARKETS

 Dow Up 31 on Jobs, Income 

Weekly jobless claims hit 14-month low

6 hours, 19 minutes ago
(Newser) - Stocks saw solid gains as positive data on personal income and jobless claims raised hopes for a solid post-Thanksgiving shopping season, the Wall Street Journal reports.
  • The Dow rose 31 points, closing at 10,464.
  • The Nasdaq gained 7 points, settling at 2,176.
  • The S&P
... More »

MORE ABOUT:
Dow Jones • Nasdaq • S&P 500

MARKETS

 Dow Drops 17 Points  

Home prices rise but fail to meet expectations

Nov 24, 09 3:17 PM CST
(Newser) - Stocks almost managed to recover from steep losses suffered early in the day but ended in the red. Among the factors: China signaled it's ready to tighten credit, and September home prices rose but less than expected, the Wall Street Journal reports.
  • The Dow closed down 17 points at
... More »

MORE ABOUT:
Dow Jones • Nasdaq • S&P 500

MARKETS

 Up 133, Dow Hits New '09 High

Data on home resales spur rally

Nov 23, 09 3:18 PM CST
(Newser) - Stocks rallied today on news that home resales jumped 10.1% in October and comments from the president of the St. Louis Fed reaffirming the government's extended commitment to support the credit markets, the Wall Street Journal reports.
  • The Dow jumped 132.79 points to close at 10,450.
... More »

MORE ABOUT:
Federal Reserve • Dow Jones • home sales • Nasdaq • existing home sales • S&P 500 • existing-home sales

656 Stories


Business 
TwitterFollow @NewserBusiness on Twitter

 
China • Dow Jones • General Electric • Nasdaq • S&P 500 • AES

from our news partners