Dow Up 24; Traders Stay Cautious

Markets recover after last week's bloodbath
By Nick McMaster,  Newser Staff
Posted Jan 25, 2010 3:22 PM CST
Specialist Thomas Facchine, second from right, works at the post that trades Bank of Hawaii on the floor of the New York Stock Exchange Monday, Jan. 25, 2010.   (AP Photo/Richard Drew)

(Newser) – Stocks posted gains today as some investors bought up bargains in the wake of last week's big losses—but volume was light as most remained cautious ahead of the State of the Union address, a hearing on AIG's bailout, and a Fed interest-rate decision, the Wall Street Journal reports.

  • The Dow rose 23.88 points to close at 10,196.86.
  • The Nasdaq added 5.51, settling at 2,210.80.
  • The S&P 500 gained 5.02, closing at 1,096.78.

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