Stock Market Watch

Stocks End Lower

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Stocks ended lower in trading on Friday as ongoing concerns over a possible government shutdown weighed down sentiment. The Dow Jones and the S&P 500 also ended lower for the week.

The Dow Jones ended the day 0.46% lower at 15,258.24, the S&P 500 ended the day 0.41% lower at 1,691.75, and the Nasdaq ended the day 0.15% lower at 3,781.59. For the week, the Dow Jones fell 1.25%, the S&P 500 fell 1.06%, and the Nasdaq gained 0.18%.

Among the major movers on Friday included Cerner Corporation (NASDAQ: CERN), which ended the day 7.96% higher at $52.61, JC Penney Company Inc. (NYSE: JCP), which ended the day 13.15% lower at $9.05, Nike Inc. (NYSE: NKE), which ended the day 4.69% higher at $73.64, United Continental Holdings Inc. (NYSE: UAL), which ended the day 9.28% lower at $30.91, and Microsoft Corporation (NASDAQ: MSFT), which ended the day 1.59% higher at $33.29.

On the economic front, a report released by the Commerce Department showed consumer spending rose 0.3% in August. Meanwhile, the final reading on the Thomson Reuters/University of Michigan consumer sentiment index for September came in at 77.5, compared to economists’ forecast of 78.

European markets ended mostly lower on Friday, with the FTSE 100 Index in London closing 0.81% lower, and the CAC 40 Index in Paris closing flat at 4,186.77. Asian markets ended on a mixed note overnight, with the Nikkei 225 Index in Japan closing 0.26% lower, and the Hang Seng Index in Hong Kong closing 0.35% 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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