Saturday, September 1, 2012

How the major stock indexes fared on Friday

Stocks rose on Friday after Federal Reserve Chairman Ben Bernanke said the Fed is ready to help the economy with more bond-buying, if needed. Stock prices bounced around as investors parsed Bernanke's comments, but settled higher.

Nine out of 10 industry groups in the Standard & Poor's 500 index rose, led by materials and energy stocks. Utility stocks fell slightly.

The Dow Jones industrial average rose 90.13 points, or 0.69 percent, to close at 13,090.84.

The Standard & Poor's 500 index rose 7.10 points, or 0.51 percent, to 1,406.58.

The Nasdaq composite rose 18.25 points, or 0.60 percent, to 3,066.96.

For the week:

The Dow is down 67.13 points, or 0.51 percent.

The S&P 500 is down 4.55 points, or 0.32 percent.

The Nasdaq is down 2.83 points, or 0.09 percent.

For the year so far:

The Dow is up 873.28 points, or 7.15 percent.

The S&P 500 is up 148.98 points, or 11.85 percent.

The Nasdaq is up 461.81 points, or 17.73 percent.

Source: http://news.yahoo.com/major-stock-indexes-fared-friday-212341970.html

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