Stocks end down as week's back-and-forth continues

NEW YORK (AP) - February 25, 2009 Major indexes ended down about 1 percent after recovering from even steeper losses. The Treasury Department confirmed Wednesday it will buy preferred shares from banks that can convert into common shares.

Investors remain worried, though, about the recession deepening, dividends disappearing and the toxic assets on banks' books.

According to preliminary calculations, the Dow Jones industrial average is down about 80 points at 7,270. The Standard & Poor's 500 index and the Nasdaq composite index also declined.

Declining issues outnumbered advancers by about 3 to 2 on the New York Stock Exchange. Volume was 1.7 billion shares.


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