FRIDAY'S MARKET WRAP-UP
The Dow Jones Industrial Average ($DJI) ended the day with a gain of 42.84 points, or 0.36%, and closed at 12,004.36 on Friday. the majority of the Dow's thirty index components finished the session in positive territory. The leaders were Microsoft (MSFT) (+1.13%), AT&T (T) (+1.12%), JP Morgan Chase (JPM) (+1.09%), and IBM (IBM) (+1.09%). The weakest performers were Intel (INTC) (-1.07%), Cisco Systems (CSCO) (-0.53%), and Alcoa (AA) (-0.47%). The Dow ended the week higher by 0.44%, but is down 4.5% month-to-date.
The S&P 500 ($SPX) fractal gain of 3.86 points, or 0.3%, and closed at 1,271.50. The top percentage leaders in the index on Friday were Scripps Networks (SBG) (+5.89%), CB Richard Ellis Group (+CBG) (+4.67%), Flowserve Corp. (FLS) (+4.55%), and Autonation (AN) (+4.55%). The weakest were Moodys (MCO) (-5.02%), CF Inds. Holdings (CF) (-4.45%), Nabors Industries (NBR) (-3.69%), and McGraw Hill (MHP) (-3.58%). The S&P 500 ended the week up fractionally by 0.3%, but remains down 5.49% this month.
The Nasdaq Composite ($COMPX) ended the session lower with a loss of 7.22 points, or 0.28%, on Friday and it closed at 2,616.48. The strongest index components in the Nasdaq-100 ($NDX) were Sears Holdings Corp. (SHLD) (+3.73%), Paccar Inc. (PCAR) (+3.36%), Cognizant Tech. (CTSH) (+3.22%), and First Solar (FSLR) (+2.29%). Research In Motion (RIMM) plunged 21.45% after.... to make it the weakest index component in the Nasdaq-100. It was followed by losses in Flextronics (FLEX) (-4.39%), and Marvell Technology (MRVL) (-4.21%). The Nasdaq Composite ($COMPX) was down 1.03% for the week and is down 7.72% so far this month.