Dow Rises 4 on Good GDP Data, Bad Housing News

GDP grows 5.9% in last quarter of 2009
By Nick McMaster,  Newser Staff
Posted Feb 26, 2010 3:15 PM CST
Dow Rises 4 on Good GDP Data, Bad Housing News
The Aflac duck mascot visits the floor of the New York Stock Exchange Thursday, Feb. 25, 2010 to celebrate his 10th anniversary representing the company.   (AP Photo/Richard Drew)

Stocks closed out February by nudging into positive territory as investors weighed the news that GDP grew by 5.9% last quarter but existing-home sales plunged, the Wall Street Journal reports.

  • The Dow gained 4.23 points to close at 10,325.26.
  • The Nasdaq added 4.04, settling at 2,238.26.
  • The S&P 500 rose 1.56 to settle at 1,104.49.
(More Dow Jones stories.)

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