Stock Market Watch

Stocks Recover in Late Trading to End Slight Higher

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Stocks recovered in late trading on Friday to finish slightly higher, with the Dow Jones posting its fifth straight weekly gain.

The Dow Jones ended the day 0.02% higher at 15,558.83, the S&P 500 ended the day 0.08% higher at 1,691.65, and the Nasdaq ended the day 0.22% higher at 3,613.16. For the week, the Dow Jones rose 0.10%, the S&P 500 fell 0.03%, and the Nasdaq rose 0.71%.

Healthcare sector was the best performer in the S&P 500 on Friday, ending the day 0.28% higher. Financials were the worst performers, ending the day 0.31% lower. Industrials fell 0.29%.

Among the major movers in trading on Friday included Expedia Inc. (NASDAQ: EXPE), which ended the day 27.38% lower at $47.20, Activision Blizzard Inc. (NASDAQ: ATVI), which ended the day 15.02% higher at $17.46, Xoom Corp. (NASDAQ: XOOM), which ended the day 11.97% higher at $34.60, Amazon.com Inc. (NASDAQ: AMZN), which ended the day 2.84% higher at $312.01, and Zynga Inc. (NASDAQ: ZNGA), which ended the day 14% lower at $3.01.

On the economic front, the final reading on Thomson Reuters/University of Michigan’s consumer sentiment index came in at 85.1, the highest level in six years.

European markets ended on a mixed note on Friday, with the FTSE 100 Index in London closing 0.50% lower, and the CAC 40 Index in Paris closing 0.32% higher. Asian markets also ended on a mixed note overnight, with the Nikkei 225 Index in Japan closing 2.97% lower, and the Hang Seng Index in Hong Kong closing 0.31% 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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