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MONDAY, NOVEMBER 23, 2009
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 MARKETS 
4

Dow Rises 200 on GDP

Dow flirts with 10,000 mark with big rally

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(Newser) – The report of bigger-than-expected 3.5% growth in GDP spurred a really in stocks today, reversing a week of poor results, the Wall Street Journal reports.

  • The Dow gained 200 points to close at 9,963.
  • The Nasdaq added 38 points, closing at 2,098.
  • The S&P 500 rose 23 points, settling at 1,066.

Specialist Jason Hardzewicz, left, works with trader Bridgette Lombardi on the floor of the New York Stock Exchange in this undated file photo.
Specialist Jason Hardzewicz, left, works with trader Bridgette Lombardi on the floor of the New York Stock Exchange in this undated file photo.   (AP Photo/Richard Drew)
Traders gather at the post that handles Vitamin Shoppe Inc. on the floor of the New York Stock Exchange in this undated file photo.
Traders gather at the post that handles Vitamin Shoppe Inc. on the floor of the New York Stock Exchange in this undated file photo.   (AP Photo/Richard Drew)
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Netstorm2k9
Oct 29, 09 3:38 PM CDT
I'm guessing this was government spending in the private sector. Say, Haliburtion, Boeing, etc. Gotta pay for the toys. Reply
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Antiks
Oct 29, 09 4:04 PM CDT
Paul Krugman says this isn't enough to spur a significant rise in unemployment. Reply
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Unaffiliated
Oct 29, 09 4:30 PM CDT
I don't know if it's the short length of summaries compared to the average news article that causes me to notice them more, but the Newser editors seem to miss LOTS of typos. "3.5% growth in GDP caused a really"? Reply
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Unaffiliated
Oct 29, 09 4:31 PM CDT
You'd think because they have less to type, there'd be fewer typos.
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