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Market Wrap-Up for Oct.16 (GE, IBM, GOOG, CNX, BAC, more)

By Dividend.com Staff
October 16th, 2009

market-wrap-up-for-oct-16-ge-ibm-goog-cnx-bac-more

It was close at the end, but buyers fell just short of pushing us back above Dow 10,000 for the weekly close. The Dow finished the week with a 130 point gain, while the S&P gained 16 and the Nasdaq gained 17. The transports closed above 4000 and is up over 10% for the year.

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Disclaimer: Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.