Dow Up 1 on Reports Fed Will Keep Rates Low
Traders not yet convinced by jobs data
By Nick McMaster,  Newser Staff
Posted Dec 7, 2009 3:21 PM CST
Traders crowd the post on the floor of the New York Stock Exchange that handles Bank of America Friday, Dec. 4, 2009.   (AP Photo/Richard Drew)
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(Newser) – Stocks gave up modest gains as today's session unfolded, with traders remaining defensive in response to reports the Fed will keep interest rates low for a while longer, the Wall Street Journal reports.

  • The Dow added 1.21 points to close at 10,390.11.
  • The Nasdaq fell 4.74, settling at 2,189.61.
  • The S&P 500 dropped 2.73 to close at 1,103.25.

 

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