Saturday 18 June 2011

Dow Jones Industrial Average and the S&P 500 gains on Friday.

http://www.thestreet.com/story/11156799/1/stock-market-story-june-17.html

Dow, S&P 500 Push Higher to Snap Six-Week Skid




Both the Dow Jones Industrial Average and the S&P 500 were able to muster modest gains on Friday, allowing each index to turn in a positive performance on the week, snapping a six-week skid of declines.
Hopes for a resolution of Greece's debt crisis fueled some investor optimism as Friday's economic data was mixed and the tech sector sold off.
The Dow gained 42 points, or 0.4%, at 12,004. The S&P 500 settled higher by 4 points, or 0.3%, at 1272, while the Nasdaq Composite lost 7 points, or 0.3%, at 2616.

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