Dow up again Friday, gains 377 points on the week
Stocks continued their winning ways Friday, allowing the Dow Jones Industrial Average ($INDU) to gain 377 points on the week.
The blue-chip Dow rose 38 points, or 0.4 percent, to 9,825 Friday, its highest close in more than a year. The broader S&P 500 ($INX) added two points, or 0.2 percent, to 1,067, while the the tech-heavy Nasdaq Composite ($COMPX) gained seven points, or 0.3 percent, to close at 2,131.
Major leaders included Dow component International Business Machines (IBM), which rose three percent, and WellPoint (WLP), which tacked on 3.6 percent. Both stocks got a lift from favorable analysts' reports.
For more on stocks making moves today, be sure to check out BloggingStocks' market wrap up.
The blue-chip Dow rose 38 points, or 0.4 percent, to 9,825 Friday, its highest close in more than a year. The broader S&P 500 ($INX) added two points, or 0.2 percent, to 1,067, while the the tech-heavy Nasdaq Composite ($COMPX) gained seven points, or 0.3 percent, to close at 2,131.
Major leaders included Dow component International Business Machines (IBM), which rose three percent, and WellPoint (WLP), which tacked on 3.6 percent. Both stocks got a lift from favorable analysts' reports.
For more on stocks making moves today, be sure to check out BloggingStocks' market wrap up.
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