LOS ANGELES (MarketWatch)
U.S. stocks closed higher Friday, and finished the week with gains, after investors received upbeat results from technology giant Oracle Corp. and data showing the U.S. economy in the fourth quarter grew more than had been previously estimated.
The Dow Jones Industrial Average ended Friday’s session up 50.03 points, or 0.41%, at 12,220.59, with International Business Machines the measure’s best price performer. Its shares rose 1.3%. The S&P 500 Index closed Friday 4.14 points, or 0.32%, higher at 1,313.80, with all 10 of its tracked sectors posting gains, led by the energy and technology groups.
The Nasdaq Composite rose 6.64 points, or 0.24%, to 2,743.06.
For the week, the Dow rose 3.05%. The S&P 500 advanced 2.7%, and the Nasdaq rose 3.8% from Friday of last week.
Posts Tagged ‘stocks’
U.S. stocks end higher for third day; Nasdaq gains roughly 4% on the week
March 26th, 2011U.S. stocks finish just below flat line; Dow up 87% in two years since bear-market low
March 10th, 2011SAN FRANCISCO (MarketWatch)
U.S. stocks ended slightly lower Wednesday as investors gave up some of the prior session’s strong gains. After spending much of the session veering between small gains and losses, the Dow Jones Industrial Average ended down 1.3 points, or 0.01%, to 12,213.09, led by a 1.7% drop in Caterpillar Inc. shares and a 1.6% retreat in Chevron Corp.
The blue-chip average has surged 87% from its 12-year closing low reached on March 9, 2009. The S&P 500 lost 1.8 points, or 0.1%, to 1,320.02, led by a drop in chemicals and mining stocks. It’s up 95% from its bear-market low.
The Nasdaq Composite fell 14.05 points, or 0.5%, to 2,751.72.
U.S. stocks cling to gains at close as oil tops $102, gold hits record
March 3rd, 2011SAN FRANCISCO (MarketWatch)
Support came from an ADP report showing gains in private-sector jobs and an upgrade to the semiconductor sector from J.P. Morgan Chase & Co.
The Dow Jones Industrial Average rose 8.78 points, or 0.1%, to 12,066.80, led by a 1.1% gain in Caterpillar, Inc. shares.
The S&P 500 added 2.11 points, or 0.2%, to 1,308.44, fronted by energy and tech stocks including chip firm Xilinx, Inc.
The Nasdaq Composite added 10.66 points, or 0.4%, to 2,748.07
U.S. stocks end higher as financials rally; Dow lags with weekly loss of 2.1%
February 26th, 2011SAN FRANCISCO (MarketWatch)
U.S. stocks closed broadly higher on Friday but turned in one of their worst weeks in months, as the prospects for oil supply disruptions in the Middle East and North Africa chipped at confidence in the global economic recovery.
The Dow Jones Industrial Average ended up 61.95 points, or 0.5%, at 12,130.45, led by more than 2% gains in Intel Corp. and Boeing Co.For the week, the Dow lost 2.1%, its worst percentage drop since November and worst point drop since August.
The S&P 500 rose 13.78 points, or 1.1%, to 1,319.88, led by a 1.4% gain in financials.
It fell 1.7% for the week.
The Nasdaq Composite rose 43.15, or 1.6%, to 2,781.05 for the dayand lost 1.9% for the week.
U.S. stocks hit hard as Libyan violence escalates
February 23rd, 2011NEW YORK (MarketWatch)
U.S. stocks fell sharply Tuesday, with the Dow Jones Industrial Average taking its hardest point hit in three months, as the price of crude surged and Wall Street grappled with escalating violence in oil-rich Libya.
“If the price of a gallon of milk goes up the American consumer is poorer but the American farmer is richer. If the price of oil goes up, the American consumer is poorer and [Iranian President Mahmoud] Ahmadinejad is richer,” said David Kelly, chief market strategist at JPMorgan Funds.
The Dow Jones Industrial Average fell 178.46 points, or 1.4%, to 12,212.79.
The Standard & Poor’s 500 Index declined 25.57 points, or 2.1%, to 1,315.44.
The Nasdaq Composite Index shed 77.53 points, or 2.7%, to 2,756.42.
U.S. stocks rise for third straight day, ending week up 1%
February 20th, 2011SAN FRANCISCO (MarketWatch)
U.S. stocks ended higher for a third-straight session and added about 1% for the week, as investors overlooked the risk of an oil shock in the Middle East to focus on better U.S. data and corporate earnings.
The Dow Jones Industrial Average ended Friday’s session up 73.11 points, or 0.6%, at 12,391.25 and advanced 1% for the week.
The S&P 500 gained 2.58 points, or 0.2%, to 1,343.01 and rose 1.04% for the week.
The Nasdaq Composite added 2.37 points, or 0.1%, to 2,833.95.
The Dow and S&P 500 closed at mid-2008 highs, while the Nasdaq is at an October 2007 high.
U.S. stocks finish higher after weak start; energy sector fuels the advance
February 18th, 2011SAN FRANCISCO (MarketWatch)
U.S. stocks closed moderately higher Thursday as a rally in resource and energy stocks, supported by earnings and corporate restructurings, helped the market overcome earlier weakness. The Dow Jones Industrial Average closed up 29.97 points, or 0.2%, at 12,318.14, led by a 1.8% rally in Coca-Cola Co. shares.
The S&P 500 rose 4.11 points, or 0.3%, to 1,340.43, with chip-maker Nvidia Corp. , natural-gas firm Williams Cos. and iron-ore miner Cliffs Natural Resources shares leading advancers.
The Nasdaq Composite ended up 6.02 points, or 0.2%, to 2,831.58
U.S. stocks finish higher after Fed’s upbeat growth forecast
February 17th, 2011Stocks boosted by upbeat Fed view of economy
SAN FRANCISCO (MarketWatch)
U.S. stocks closed higher Wednesday after the Federal Reserve released an upbeat forecast for economic growth.
The Dow Jones added 61.53 points to close up to 12,288.1, while the broader S&P 500 Index gained 0.63% to 1,336.32.
The Nasdaq Composite Index gained 0.76% to close up to 2,825.56, helped by a big gain for Dell Inc. following the computer maker’s strong financial results
U.S. stocks close lower as energy sector drops, oil falls to 11-week low
February 16th, 2011SAN FRANCISCO (MarketWatch)
U.S. stocks closed lower Tuesday on disappointment over slowing retail sales and higher costs for imported goods.
The Dow Jones Industrial Average fell 41.55 points to end at 12,226.64.
The S&P 500 gave up 0.32% to end at 1,328.01 with energy stocks leading the decline.
And the Nasdaq Composite ended off 12.83 at 2,804.35.



















