Economy | News-Opinion
CLOSING BELL: September 28th: DJIA: 13,437.13 | DOWN 48.84 | -0.36%
OIL: $92.19 UP 0.34, +0.37%
GOLD: $1,773.90, UP 20.30, +1.16%
GASOLINE (US Avg): $3.787, DOWN 0.008
Stocks End Lower, but Log Best Q3 Since 2010
JeeYeon Park, CNBC.com - Stocks closed out the final trading session of the quarter with modest losses, but all three major averages posted robust gains for the month and the third quarter, boosted by a flood of central bank actions.
For the quarter, the Dow jumped more than 4 percent, while the S&P and the Nasdaq rallied nearly 6 percent each.
The Dow Jones Industrial Average finished in the red. Cisco [CSCO 19.095 0.30 (+1.6%) ] led the blue-chip gainers, while BofA [BAC 8.83 -0.14 (-1.56%) ] lagged. The blue-chip index was down nearly 120 points at session lows.
The S&P 500 and the Nasdaq also logged modest losses. The CBOE Volatility Index, widely considered the best gauge of fear in the market, traded near 15.
Among the key S&P sectors, materials led the laggards, while utilities held gains.
Read the full story at CNBC.com [here]
The Common Good publishes a financial market wrap-up every weekday after markets close, available here.
