13 Feb 2015
US stocks closed Friday and week with solid gains; oil, Greece, Ukraine hopes
FXStreet (San Francisco) - Wall Street closed higher on Friday with the Dow breaking above the 18,000 level and the S&P 500 setting a new record as investors welcomed good news from Greece and Ukraine as well as rising oil prices.
Most sectors finished Friday up for the day. Energy shares led the market with 1.74% increases; followed by Materials (+1.43%) and Technology (+0.74%). Only two sectors closed down on the day: Utilities (-1%), and Consumer Staples (-0.52%).
On the week, Technology shares rallied an impressive 4%, while Materials jumped 3.52% and Consumer Discretionary rose 2.43%; while Utilities was the only sector that posted weekly losses with a 1.92% drop.
The Dow Jones rose 0.26% in the day to close at 18,019.35; 1.09% positive in the week. The Nasdaq Composite finished at 4,893.84 after advancing 0.75% in the day, and 3.15% in the week. The S&P 500 closed at new record high of 2,096.99 after winning 041% in Friday and 2.02% in the week.
Most sectors finished Friday up for the day. Energy shares led the market with 1.74% increases; followed by Materials (+1.43%) and Technology (+0.74%). Only two sectors closed down on the day: Utilities (-1%), and Consumer Staples (-0.52%).
On the week, Technology shares rallied an impressive 4%, while Materials jumped 3.52% and Consumer Discretionary rose 2.43%; while Utilities was the only sector that posted weekly losses with a 1.92% drop.
The Dow Jones rose 0.26% in the day to close at 18,019.35; 1.09% positive in the week. The Nasdaq Composite finished at 4,893.84 after advancing 0.75% in the day, and 3.15% in the week. The S&P 500 closed at new record high of 2,096.99 after winning 041% in Friday and 2.02% in the week.