U.S. stocks wrapped up one of the most tumultuous weeks of trading in recent memory with modest weekly gains after closing little changed on Friday.The main indexes spent most of Friday’s session diving in and out of negative territory, as investors seemed undecided on how to interpret comments from Federal Reserve officials, which followed the pattern of trading for the week.
The Dow Jones Industrial Average DJIA, -0.07% which suffered a 1,000 point loss in a matter of minutes on Monday, traded in a 120-point range on Friday, and closed down 11.76 points, or less than 0.1% at 16,643.01. The blue-chip index gained 1.1% over the week.
The S&P 500 SPX, +0.06% closed about a point higher at 1,988.87. Most of the gains came from a rally in the energy sector, thanks to a big jump in oil prices. The benchmark index recorded a 0.9% weekly gain.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment