Banks Rally Late; Dow Up 1

By Harry Kimball,  Newser Staff
Posted Jun 8, 2009 3:10 PM CDT
Banks Rally Late; Dow Up 1
Traders work the floor of the New York Stock Exchange.   (AP Photo)

The market was level today as financials awaited notice of which companies would be allowed to pay back TARP funds, the Wall Street Journal reports. The good news contrasted with a drop-off in commodities and a poor performance by Apple, which announced new iPhones, laptops, and operating systems. The Dow added 1.44 to 8,764.57. The S&P sank 0.96 to 939.13. And the Nasdaq lost 7.02 to end at 1,842.40. (More financial markets stories.)

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