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Dow Rebounds, Gains 51

Modest September rally continues after Monday slump

By Nick McMaster,  Newser Staff

Posted Sep 22, 2009 3:18 PM CDT
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(Newser) – Stocks today saw more of the small but steady gains that have marked an unusually strong September, the Wall Street Journal reports. After yesterday's pullback, financials, and particularly insurers, saw gains: MBIA rose 22.3%, and rival AMBAC Financial gained 15.2%. Oil pushed up $1.84 to $71.55 a barrel. The Dow gained 51 points to settle at 9,830. The Nasdaq added 8 points, closing at 2,146, and the S&P 500 rose 7 points to close at 1,072.

Banc of America specialist Michael Sollitto, right, works on the floor of the New York Stock Exchange, Tuesday, Sept. 22, 2009, in New York.
Banc of America specialist Michael Sollitto, right, works on the floor of the New York Stock Exchange, Tuesday, Sept. 22, 2009, in New York.   (AP Photo/Henny Ray Abrams)
Samuel Rennard, right, of LaBranche & Co., works on the floor of the New York Stock Exchange, Tuesday, Sept. 22, 2009, in New York.
Samuel Rennard, right, of LaBranche & Co., works on the floor of the New York Stock Exchange, Tuesday, Sept. 22, 2009, in New York.   (AP Photo/Henny Ray Abrams)
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NASDAQ • Dow Jones • MBIA • Ambac Financial • S&P 500

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