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1 Nov 2013
Economic data gives extra oxygen to Wall Street and stocks opens the month with gains
FXstreet.com (San Francisco) - The US stocks market closed higher on Friday as investors digested good PMI data in China and key ISM Manufacturing surpassed expectations during October, giving extra oxygen to the upside momentum surrounding stocks.
The Dow and the S&P avoided 3-day losing streak. Nasdaq logged a negative week while the DJIA and the S&P performed higher in the last five days.
The Dow Jones advanced 69.80 points or 0.45% in the day to close at 15,615.55. In the week, the DJIA advanced 0.29%. The S&P 500 added 5.10 points or 0.29% to close the session at 1,761.64. The index won 0.11% in the week. The Nasdaq composite advanced 2.33 pts or 0.06% to finish the week at 3,922.04. However, the Composite posted 0.54% losses in the weekly basis.
The Dow and the S&P avoided 3-day losing streak. Nasdaq logged a negative week while the DJIA and the S&P performed higher in the last five days.
The Dow Jones advanced 69.80 points or 0.45% in the day to close at 15,615.55. In the week, the DJIA advanced 0.29%. The S&P 500 added 5.10 points or 0.29% to close the session at 1,761.64. The index won 0.11% in the week. The Nasdaq composite advanced 2.33 pts or 0.06% to finish the week at 3,922.04. However, the Composite posted 0.54% losses in the weekly basis.