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Closing Bell, Market Summary: 12/19/2008

12/19/2008:
Dows 8,579.11 down 25.88 (0.30%), Nasdaq 1,564.32 up 2.60 (0.77%), SandP 500 887.88 up 8.76 (0.29%).

The market started the day off the positive on the news that President Bush has approved a $17.4 billion plan to help the struggling US auto makers. By lunchtime, the indexes had given up all their gains and for a moment were in negative territory. For the rest of the afternoon the market was pretty stable and closed mixed.
MandT to buy Provident for about $400 mln in stock.
12/19/2008:
Dows 8,579.11 down 25.88 (0.30%), Nasdaq 1,564.32 up 2.60 (0.77%), SandP 500 887.88 up 8.76 (0.29%).

The market started the day off the positive on the news that President Bush has approved a $17.4 billion plan to help the struggling US auto makers. By lunchtime, the indexes had given up all their gains and for a moment were in negative territory. For the rest of the afternoon the market was pretty stable and closed mixed.
MandT to buy Provident for about $400 mln in stock.

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