Stock Market Watch

Stocks Finish on a Mixed Note; Post Gains for the Week

by ·


Stocks ended on a mixed note on Friday as investors digested some weak earnings reports and monitored developments in the euro zone, where the meeting Greece and private bondholders entered into the third day. However, all three major indexes registered gains for the week.

On Friday, the Dow Jones settled 0.76% higher at 12,720.48, the S&P 500 settled 0.07% higher at 1,315.38, and the Nasdaq settled 0.06% lower at 2,786.70.


For the week, the Dow Jones rose 2.40%, the S&P 500 rose 2.04%, and the Nasdaq rose 2.80%.

Financials were the best performers in the S&P 500 on Friday, ending the day 1.48% higher. Consumer Cyclical stocks also rose sharply on Friday, ending the day 0.72% higher. Technology stocks also rallied on Friday, ending the day 0.71% higher. Utilities rose 0.33%. Consumer Non-Cyclical stocks were the worst performers on Friday, ending the day 0.84% lower.

Among the major gainers and losers in Friday’s trading session were Microsoft Corporation (NASDAQ: MSFT), which ended the day 5.65% higher at $29.71, Google Inc. (NASDAQ: GOOG), which ended the day 8.38% lower at $585.99, Bank of America Corporation (NYSE: BAC), which ended the day 1.58% higher at $7.07, Parker-Hannifin Corporation (NYSE: PH), which ended the day 4.06% lower at $81.52, The Talbots Inc. (NYSE: TLB), which ended the day 18.59% higher at $3.19, TreeHouse Foods Inc. (NYSE: THS), which ended the day 9.70% lower at $56.76, and Schlumberger Limited (NYSE: SLB), which ended the day 1.29% higher at $73.80.

European markets ended mostly lower on Friday; however, the losses were marginal. The FTSE 100 Index in London ended the day 0.22% lower at 5,728.55, and the CAC 40 Index in Paris ended the day 3,321.50. Earlier, Asian markets had ended mostly higher on Friday.

More Posts by this author

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.


Tags:

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.

You may also like...