Stocks end the day mixed

October 23, 2008 2:01:39 PM PDT
Wall Street has spent another session buffeted by volatility, closing mixed after investors wrestled with their fears about the economy but also looked for bargains after two days of selling. [CHECK THE MARKETS: Get the latest numbers from Wall Street]
[FINANCIAL CRISES: From the Depression until today]
[SURVIVAL GUIDE: Weathering the financial crisis]

Buying came in spurts and then often quickly evaporated as investors fretted that the economy is either in a recession or headed for one. Investors were gravitating toward big-name stocks seen as safer bets -- tech and small-cap stocks ended the day with declines.

Wall Street is living up to predictions that trading will remain volatile as investors try to test whether the market has formed a bottom after this month's huge declines.

The Dow Jones industrials are up 172 at the 8,691 level while the Nasdaq composite index is down 0.73 percent. The Standard & Poor's 500 index has a gain of 1.3 percent.

      Quick headlines | 100 most recent national stories | News alerts
              Slideshow archive | ABC13 wireless | Help solve crimes


Load Comments