How the Dow Jones industrials and other major stock indexes fared in Wednesday’s trading
By APWednesday, November 25, 2009
How the major stock indexes fared Wednesday
Traders put their September stock rally on hold and moved into Treasurys and gold Wednesday, a day after the Federal Reserve said it was ready to take more action to boost the economy. With no new economic data out and the Fed’s announcement Tuesday having a bigger impact on the bond and currency markets, investors were not focusing on stocks.
The Dow Jones industrial average fell 21.72 points, or 0.2 percent, to 10,739.31.
The Standard & Poor’s 500 index fell 5.50, or 0.5 percent, to 1,134.28.
The Nasdaq composite index fell 14.80, or 0.6 percent, to 2,334.55.
For the week:
The Dow is up 131.46, or 1.2 percent.
The S&P is up 8.69, or 0.8 percent.
The Nasdaq is up 18.94, or 0.8 percent.
For the year:
The Dow is up 311.26, or 3 percent.
The S&P is up 19.18, or 1.7 percent.
The Nasdaq is up 65.40, or 2.9 percent.
Tags: Bernanke, Chase, Dow jones industrial average, Government Regulations, Industry Regulation, Materials, Oil spill