Stock Market Watch

Stocks End Higher; S&P and Dow Jones Close at Fresh Highs

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Stocks ended higher in trading on Friday, with the S&P 500 and the Dow Jones closing at new record highs. All three major indexes also ended sharply higher for the week.

The Dow Jones ended the day 0.24% higher at 15,118.49, the S&P 500 ended the day 0.43% higher at 1,633.70, and the Nasdaq ended the day 0.80% higher at 3,436.58.

For the week, the Dow Jones rose 0.97%, the S&P 500 rose 1.18%, and the Nasdaq rose 1.72%.

All sectors in the S&P except Energy ended the day in green. The gains were led by Consumer Cyclical sector, which ended the day 1.19% higher. Healthcare sector also rose sharply, ending the day 1.18% higher. Energy sector ended the day 0.29% lower.

Among the major movers on Friday were Warner Chilcott Plc (NASDAQ: WCRX), which ended the day 19.99% higher at $18.01, Universal Display Corporation (NASDAQ: PANL), which ended the day 17.54% lower at $27.50, NVIDIA Corp. (NASDAQ: NVDA), which ended the day 4.53% higher at $14.54, Molycorp Inc. (NYSE: MCP), which ended the day 31.31% higher at $7.34, and magicJack VocalTec Ltd. (NASDAQ: CALL), which ended the day 11.33% lower at $17.06.

European markets ended mostly higher on Friday, with the FTSE 100 Index in London closing 0.49% higher, and the CAC 40 Index in Paris closing 0.64% higher. Asian markets ended mostly higher overnight, with the Nikkei 225 Index in Japan closing 2.93% higher, and the Hang Seng Index in Hong Kong 0.47% 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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