Stocks Edge Mostly Higher; Microsoft Drags Nasdaq

By: Associated Press Email
By: Associated Press Email

Stay up-to-date with KAKE News:

July 24, 2009

Investors are holding on to the stock market's rally.

Most stocks rose Friday, extending a two-week jump that has added 11 percent to the stock market's major indicators.

Disappointing results from Microsoft Corp. and Amazon.com Inc. are pressing down on technology shares and have dragged the Nasdaq composite index lower.

The Dow Jones industrial average rose 24 to 9,093. The Standard & Poor's 500 index gained 3 to 979. The Nasdaq is down 8 at 1,966.

Three stocks rose for every one that fell on the New York Stock Exchange. Volume came to 1 billion shares.


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