How the major stock indexes fared on Friday

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How the major stock indexes fared on Friday

Written by Administrator

Monday, 12 April 2010 12:31

And close the stock market in the new period of 18 months on Friday, with the Dow Jones industrial average briefly touching 11,000 in the final minutes of trading. The motive behind the gains of new evidence that the economy is still recovering. Many analysts were skeptical the market's gains are sustainable because they may come on the volume relatively low, indicating that a large number of investors are still sitting on the sidelines. The Dow Jones have not crossed 11,000 since September 29, 2008, just as in the worst stage of the financial crisis had begun.

The Dow Jones 70.28, or 0.6 percent, to close at 10,997.35 - the exact same level to close last week.

The index of the S & P 500 7.93, or 0.7 percent, to 1,194.37.

And the Nasdaq composite index rose 17.24, or 0.7 percent, to 2,454.05.

Of the Week:

Dow Jones was up 70.28, or 0.6 percent.

Standard & Poor's index was up 16.27, or 1.4 percent.

Nasdaq Composite Index was up 51.47, or 2.1 percent.

For the year so far:

Dow Jones was up 569.30, or 5.5 percent.

Standard & Poor's index was up 79.27, or 7.1 percent.

Nasdaq Composite Index was up 184.90, or 8.1 percent.

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