Dow Up 87; Gains for March

Markets may be leveling out, though gains are fragile

By Nick McMaster, Newser Staff

Posted Mar 31, 2009 3:20 PM CDT

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Dow Up 87; Gains for March — Specialist Igor Lerner of Barclays Capital, center, works with traders on the floor of the New York Stock Exchange today. (AP Photo)

Stocks posted gains today as the first quarter came to a close, the Wall Street Journal reports. While the April earnings season and the results of the Treasury’s stress tests threaten to shatter equities’ recent gains, signs of economic stabilization made March a relatively good month. The Dow rose 86.90 to close at 7,608.92. The Nasdaq gained 26.79, settling at 1,528.59, and the S&P 500 added 10.34 to close at 797.87.

For March, the Dow gained 7.7%, the Nasdaq added 10.9%, and the S&P 500 rose 8.5%.

(More Dow Jones stories.)

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