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Home International Markets

U.S. stocks end higher, close out strong week of gains

byCT Report
16/09/2017
in International Markets
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WASHINGTON: U.S. stocks closed higher on Friday, with technology, financials, and telecommunication shares leading the way higher. The Dow Jones Industrial Average DJIA, +0.29% rose 64.86 points, or 0.3%, to 22,268.34. The S&P 500 index SPX, +0.18% gained 4.61 points to 2,500.23, up 0.2%. The Nasdaq Composite Index COMP, +0.30% rose 19.38 points, or 0.3%, to 6,448.47.

The S&P 500 and the Dow finished at records, while the Nasdaq Composite missed its all-time high, last achieved Sept. 13, by about 12 points. For the week, the Dow rose 2.2%, the S&P advanced 1.6%, and the Nasdaq climbed 1.4%. Semiconductors were among the strongest of the day, with the sector SOXX, +1.75% up 1.8%. Among the notable movers, Nvidia Corp. NVDA, +6.32% rose 6.3% while Advanced Micro Devices AMD, +2.12% was up 2.1%.

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