Kitsap Business and Economy

Dow rallies for a third day; closes at 8,479

Good Wednesday to you: Dow at 8,547 this morning

November 26th, 2008 by Rachel Pritchett

NEW YORK (AP) — A mostly downbeat batch of economic news gave investors a reason to cash in some of their recent gains Wednesday, leaving stock prices widely mixed. Blue chips pulled back, while tech stocks that have lagged the market were rallying.

Wall Street is coming off three sessions of gains that gave the Dow Jones industrials and the Standard & Poor’s 500 index their first triple-session advances in more than two months, so some retrenchment wasn’t surprising.

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This entry was posted on Wednesday, November 26th, 2008 at 9:41 am by Rachel Pritchett and is filed under Uncatagorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.