Dow Rebounds, Adds 42

Apple gains on iPad, boosts Nasdaq
By Nick McMaster,  Newser Staff
Posted Jan 27, 2010 3:24 PM CST
Treasury Secretary Timothy Geithner's testimony to a congressional panel is seen on a television screen on the floor of the New York Stock Exchange Wednesday, Jan. 27, 2010.   (AP Photo/Richard Drew)
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(Newser) – Stocks pulled up from losses after the Fed's rate committee issued a slightly more optimistic view of the economy and said it would leave rates near zero, the Wall Street Journal reports.

  • The Dow rose 42 points to close at 10,236.
  • The Nasdaq added 18 points, settling at 2,221.
  • The S&P 500 gained 5 points, closing at 1,098.

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