Financials Sink; Dow Off 8

Rising consumer confidence gives stocks a boost
By Nick McMaster,  Newser Staff
Posted Apr 28, 2009 3:24 PM CDT
Financials Sink; Dow Off 8
Traders work on the floor of the New York Stock Exchange today.   (AP Photo)

The markets ended flat after mixed economic signals today, the Wall Street Journal reports. Stress-test troubles for Bank of America and Citigroup depressed financials, but news that consumer confidence rose in April—to 39.2, from 26.9 in March—gave stocks a boost.  The Dow fell 8.05 to close at 8,016.95. The Nasdaq lost 5.60, closing at 1,673.81, and the S&P 500 shed 2.36, settling at 855.16. (Read more Dow Jones stories.)

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