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Dow and S& P turn positive, led by energy

Business Materials 15 November 2008 01:33 (UTC +04:00)

The Dow and the S& P 500 turned positive on Friday, as gains in the energy sector overshadowed a record drop in retail sales last month, Reuters reported.

The Nasdaq cut losses, but was still lower.

The Dow Jones industrial average was up 48.91 points, or 0.55 percent, at 8,883.36. The Standard & Poor's 500 Index was up 1.99 points, or 0.22 percent, at 913.28. The Nasdaq Composite Index was down 14.47 points, or 0.91 percent, at 1,582.23 -- off its session low at 1,519.17.

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