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22 Feb 2013
Wall Street closes the week with strong note
The US stocks market rallied on Friday following upbeat Hewlett-Packard Co results and better than expected German confidence data. The DJIA erased its weekly loses but the S&P and Nasdaq have posted its worst week of 2013.
The Dow Jones advanced 119.95 points or 0.86% to close at the 14,000.57 key level. On the week the Dow gained 0.05% after easing previous two days loses. The S&P 500 added 13.18 points or 0.88% on the day to 1,515.60 but ended the week 0.3% lower from Monday open.
The Nasdaq Composite gained 30.33 points or 0.97% to finish at 3,161.82. The index closed 1% down on the week.
The Dow Jones advanced 119.95 points or 0.86% to close at the 14,000.57 key level. On the week the Dow gained 0.05% after easing previous two days loses. The S&P 500 added 13.18 points or 0.88% on the day to 1,515.60 but ended the week 0.3% lower from Monday open.
The Nasdaq Composite gained 30.33 points or 0.97% to finish at 3,161.82. The index closed 1% down on the week.