Stock Market Watch

Stocks End Higher; Post Gains for the Week

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Stocks ended higher in a choppy trading session on Friday, with all three major indexes finishing the day in green. Stocks also rose sharply for the week.

The Dow Jones ended the day 0.02% higher at 15,464.30, the S&P 500 ended the day 0.31% higher at 1,680.19, and the Nasdaq ended the day 0.61% higher at 3,600.08. For the week, the Dow Jones rose 2.16%, the S&P 500 rose 2.96%, and the Nasdaq rose 3.47%.

Healthcare sector led the gains in the S&P 500 on Friday, ending the day 0.62% higher. Technology sector also edged higher, ending the day 0.36% higher. Basic Materials sector was the worst performer in the S&P 500, ending the day 0.82% lower.

Among the major movers in trading on Friday were WebMD Health Corp. (NASDAQ: WBMD), which ended the day 25.45% higher at $33.82, United Parcel Service Inc. (NYSE: UPS), which ended the day 5.83% lower at $86.12, and Wells Fargo & Co. (NYSE: WFC), which ended the day 1.77% higher at $42.63.

On the economic front, a report released by the Labor Department showed that producer prices rose 0.8% in the month of June. Meanwhile, the Thomson Reuters/University of Michigan’s preliminary consumer sentiment index for July fell to 83.9.

European markets ended on a mixed note on Friday, with the FTSE 100 Index in London closing 0.02% higher, and the CAC 40 Index in Paris closing 0.36% lower. Asian markets also ended on a mixed note overnight, with the Nikkei 225 Index in Japan closing 0.23% higher, and the Hang Seng Index in Hong Kong closing 0.75% lower.








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edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.

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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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