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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Markets Manage To Close Up

After a day spent mostly in the red, the Dow nearly wasted a rally in its final hour but managed to finish barely in positive territory for the day, closing up 12.35 points for the day, or about .2 percent, at 8,212.49

The S&P just nosed into positive territory at close, up just more than .1 percent.

It was a fine day for the tech-heavy Nasdaq, which had a strong afternoon rally and closed up 1.5 percent.

During its midday slump, the Dow broke through the 8,000-point floor for the first time since November.

Wall Street is waiting for two big bags of money from Washington:

a) the second $350 billion of the $700 billion federal government bailout/rescue plan, and

b) and an$825 billion stimulus plan ginned up by President-elect Obama and detailed by Congress today.

-- Frank Ahrens
The Ticker is Twittering!

By Frank Ahrens  |  January 15, 2009; 4:19 PM ET
Categories:  The Ticker  | Tags: Dow Jones, nasdaq, s&p 500  
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