Loading…
Thursday, October 23, 2014
Current Weather
Loading Current Weather....
Published: Wednesday, 10/31/2012

A mixed close for stocks following 2-day shutdown

Back in business on Wall Street: Stock market reopens after being shut for 2 days by hurricane

ASSOCIATED PRESS

NEW YORK — Stocks closed mixed on Wall Street after the market reopened following a two-day shutdown caused by Superstorm Sandy.

The Dow Jones industrial average gave up an early gain and closed down 11 points at 13,097 today.

The Standard & Poor's 500 edged up less than a point to 1,412. The Nasdaq lost 11 points to end at 2,977.

Home Depot and Lowe's rose as investors anticipated more business for the home improvement chains as people made repairs in the aftermath of the devastating storm. Netflix soared after financier Carl Icahn said he had bought a 10 percent stake in the troubled company.

About three stocks rose for every one that fell on the New York Stock Exchange. Trading volume was 3.4 billion shares, in line with the recent average.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories