25 Oct 2013
Wall Street closes the week with strong note
FXstreet.com (San Francisco) - The US stocks market closed Friday with gains as a group of strong earnings reports fueled investors' confidence. Microsoft Corp. (MSFT) and Amazon.com (AMZN) as well as US durable goods orders reported above expectations gains.
The Dow Jones and the S&P 500 advanced for third week while the Nasdaq posted its second positive week. The S&P ended a record closing high as technology stocks advanced further.
The Nasdaq Composite advanced 14.40 points or 0.37% to close the day at 3,943.36. On the weekly basis, the Composite logged 0.74% gains. The S&P 500 added 7.70 points or 0.44% to finish the week at record closing high at 1,759.77. The S&P advanced 0.88% in weekly basis.
The Dow Jones won 61.07 points or 0.39% on Friday to close the week at 15,570.28. The DJIA posted 1.11% weekly gains.
The Dow Jones and the S&P 500 advanced for third week while the Nasdaq posted its second positive week. The S&P ended a record closing high as technology stocks advanced further.
The Nasdaq Composite advanced 14.40 points or 0.37% to close the day at 3,943.36. On the weekly basis, the Composite logged 0.74% gains. The S&P 500 added 7.70 points or 0.44% to finish the week at record closing high at 1,759.77. The S&P advanced 0.88% in weekly basis.
The Dow Jones won 61.07 points or 0.39% on Friday to close the week at 15,570.28. The DJIA posted 1.11% weekly gains.