Dow comes within 68 points of 10,000 before cooling off

By DAN BURROWS Posted 4:40 PM 10/12/09 Investing

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Stocks gave up most of their early gains in light Columbus Day trading, but still managed to close mostly higher Monday.

The blue-chip Dow Jones Industrial Average ($INDU) came within 68 points of the psychologically key 10,000 level before cooling off to close at 9,886, up 21 points or 0.2 percent. The broader S&P 500 ($INX) added 5 points, or 0.4 percent, to 1,076, while the tech-heavy Nasdaq Composite ($COMPX) was unchanged at 2,139.

Major movers included Dow component Bank of America (BAC), which rose more than 3 percent. On the other side of the ledger, Dow component Boeing (BA) tumbled nearly 2 percent.

For more on stocks making moves today, be sure to check out BloggingStocks' market wrap up.

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Dan Burrows

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Markets and Investing Writer

Dan Burrows is a markets and investing writer for DailyFinance. He spent five years at Dow Jones. Most recently he covered investing, markets, tech stocks and the economy at SmartMoney.com. Prior to that he was a reporter at MarketWatch.com. He also covered retail and manufacturing at Women's Wear Daily for three years. In his career, he's had writing stints at Time Inc.'s FYI and Spy magazines, and has freelanced for Esquire and Maxim, among other publications.

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