Stock Market Watch

Stocks End on a Mixed Note

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The Dow Jones snapped a seven-day rally as stocks ended on a mixed note on Friday. Stocks struggled for direction as investors digested weaker than expected consumer sentiment data for March. Investors are also concerned about rising oil prices, which could derail the economic recovery.

The Dow Jones ended the day 0.15% lower at 13,232.62, the S&P 500 ended the day 0.11% higher at 1,404.17, and the Nasdaq ended the day 0.04% lower at 3,055.26.


For the week, the Dow Jones 2.4% higher, the S&P 500 ended 2.43% higher, and the Nasdaq ended 2.24% higher.

Energy stocks were the best performers in the S&P 500 on Friday, ending the day 0.76% higher. Basic Materials stocks also rose sharply, ending the day 0.45% higher. Financials ended the day 0.35% higher. Consumer Cyclical stocks were the worst performers in the S&P 500, ending the day 0.46% lower.

Among the major gainers and losers in Friday’s trading session were SMF Energy Corporation (NASDAQ: FUEL), which ended the day 48.78% higher at $1.47, Cogo Group Inc. (NASDAQ: COGO), which ended the day 59.79% higher at $3.10, Frontline Ltd. (NYSE: FRO), which ended the day 23.79% higher at $7.65, Getty Realty Corp. (NYSE: GTY), which ended the day 10.71% lower at $14.25, Perfect World Co. Ltd. (ADR) (NASDAQ: PWRD), which ended the day 27.57% higher at $16.01, OncoGenex Pharmaceuticals Inc. (NASDAQ: OGXI), which ended the day 20.77% lower at $13.81, and Chemtura Corporation (NYSE: CHMT), which ended the day 11.22% higher at $17.64.

European markets ended mostly higher on Friday, with the EURO STOXX 50 Index closing 0.55% higher at 2,608.30. Asian markets also ended on a mixed note on Friday, with the Nikkei 225 Index closing 0.06% higher, and the Hang Seng Index in Hong Kong closing 0.17% 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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