Thursday, March 12, 2009

Wall Street ends with marginal gain while Asian markets trading mixed; Nikkei down 1%

US markets ended flat led by financial and tech stocks after a rocky session. Financials ended mostly higher as investors were encouraged about government plans to stabilise banks. Treasury Secretary Timothy Geithner stated that the plan to deal with toxic assets was nearing completion.

The Dow Jones ended at 6,930.40, up 3.91 points or 0.1%. The S&P 500 Index rose just 1.76 points or 0.2% to end at 721.36, while the Nasdaq Composite Index closed at 1,371.64 after adding 13.36 points or 1%.


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