Friday, January 9, 2009

Wall St ends mixed on weak data


Wall St ends mixed on weak data
09-01-2009

Wall Street shares shook off opening losses and ended mixed overnight as investors looked past weak sales reports from the retail sector and other grim data. The Dow Jones Industrial Average dropped 27 points, or 0.31 percent, to close at 8,742, rebounding from early losses of over 100 points. The Nasdaq managed a gain of 17 points, or 1.12 percent, to end at 1,617 and the Standard & Poor's 500 index added 3 points, or 0.34 percent, to close at 909.

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