Market Close For Friday, January 18, 2013

The Dow closed up +53.68 (+0.39%) at 13,649.70.

The big Dow stock winners were GE (+3.47%), CAT (+2.01%) and DD (+1.36%).

The big Dow losers were INTC (-6.31%), AXP (-1.58%) and BAC (-1.24%).

For the week DJIA was up +1.2%, Nasdaq +0.3%, S&P 500 +0.9% and Russell 2000 +1.4%.

Year-to-date DJIA is up +4.2%, Nasdaq +3.8%, S&P 500 +4.2% and Russell 2000 +5.1%.

Markets will be closed Monday in observance of Martin Luther King, Jr. Day.

Michigan’s consumer sentiment index fell to 71.3 in January from 72.9 the previous month. Analysts were expecting a reading of 75.

China’s economy grew at a stronger-than-expected annual rate of 7.9% in the final three months of 2012.

Asian markets closed higher with the Nikkei surging nearly 3%, helped by a weaker yen.

The dollar gained versus the euro, British pound and Japanese yen.

Oil prices were up slightly and gold prices slipped a bit.

The price on the 10-year Treasury was up, pushing the yield down to 1.84% from 1.88% late Thursday.

Both comments and pings are currently closed.

Comments are closed.