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Posted: Monday, 02 November 2009 4:15PM

Stocks waver, Dow gives up triple-digit gain



NEW YORK -- Stocks ended higher but well off their best levels of the day as volatility continued to tug at the market.

Stocks ended another jumpy session higher Monday after reports on manufacturing and housing boosted hopes for the economy.

The market has been shifting direction in recent days as investors try to determine whether the bets they've been placing on a rebound in the economy are still sound.

The Dow Jones industrial average is up 77 at 9,789, down by half from its high of the day. The Standard & Poor's 500 index is up 7 at 1,043. The Nasdaq composite index is up 4 at 2,049.

Advancing stocks narrowly outpaced those that fell on the New York Stock Exchange. Volume totaled 1.1 billion compared with 1.4 billion Friday.

Filed Under :  EconomyeconomyNasdaqNew York Stock ExchangeStockStock ExchangeStock Marketstocks

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