Stock Market Watch

Stocks End Higher

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Stocks edged higher in trading on Friday even as market participants digested weaker than expected non-farm payrolls data. The S&P 500 and the Dow Jones closed at record high levels.

The Dow Jones ended the day 0.19% higher at 15,658.36, the S&P 500 ended the day 0.16% higher at 1,709.67, and the Nasdaq ended the day 0.38% higher at 3,689.59. For the week, the Dow Jones rose 0.64%, the S&P 500 rose 1.07%, and the Nasdaq rose 2.12%.

Consumer Cyclical sector was the best performer in the S&P on Friday. The sector ended the day 1.10% higher. Technology sector ended the day 0.40% higher. Energy sector was the worst performer in the S&P 500, ending the day 0.32% lower.

Among the major movers in trading on Friday were Weight Watchers International Inc. (NYSE: WTW), which ended the day 19.22% lower at $37.99, LinkedIn Corp. (NYSE: LNKD), which ended the day 10.60% higher at $235.58, and Brinker International Inc. (NYSE: EAT), which ended the day 6.81% higher at $43.74.

On the economic front, a report released by the Labor Department showed that the U.S. economy added 162,000 jobs in July, while the unemployment rate dropped to 7.40%.

European markets ended on a mixed note on Friday, with the FTSE 100 Index in London closing 0.51% lower, and the CAC 40 Index in Paris closing 0.07% higher. Asian markets ended mostly higher overnight, with the Nikkei 225 Index in Japan closing 3.29% higher, and the Hang Seng Index in Hong Kong closing 0.46% higher.








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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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