U.S. stocks ends mostly lower; Dow gains Blue-ch
Post# of 102778
Posted On: 03/29/2012 8:22:20 PM
U.S. stocks ends mostly lower; Dow gains
Blue-chip Dow index stages a late-session turnaround to rise 0.2%
NEW YORK (MarketWatch) — U.S. stocks finished mostly lower Thursday, though the Dow Jones Industrial Average staged a late-session turnaround to end higher.
http://www.marketwatch.com/story/us-stock-ind...2012-03-29
The S&P 500 index SPX -0.16% fell 2.26 points, or 0.2%, to close at 1,403.28. It has gained 0.4% so far this week and more than 11% this year.
The technology-heavy Nasdaq Composite Index COMP -0.31% lost 9.60 points, or 0.3%, to 3,095.36, with the losses denting a weekly rise of 0.9%.
Bucking the negative trend on Thursday, the Dow industrials DJIA +0.15% closed up 19.61 points, or 0.2%, at 13,145.82 after turning higher in late trading. The Dow is currently up 0.5% for the week.
The losses on Wall Street came as data showed that weekly jobless claims fell to 359,000 last week, with the level a bit higher than expected. Also, the Commerce Department reported that U.S. real gross domestic product for the fourth quarter rose at a 3.0% annualized rate, unrevised from an earlier estimate.
Blue-chip Dow index stages a late-session turnaround to rise 0.2%
NEW YORK (MarketWatch) — U.S. stocks finished mostly lower Thursday, though the Dow Jones Industrial Average staged a late-session turnaround to end higher.
http://www.marketwatch.com/story/us-stock-ind...2012-03-29
The S&P 500 index SPX -0.16% fell 2.26 points, or 0.2%, to close at 1,403.28. It has gained 0.4% so far this week and more than 11% this year.
The technology-heavy Nasdaq Composite Index COMP -0.31% lost 9.60 points, or 0.3%, to 3,095.36, with the losses denting a weekly rise of 0.9%.
Bucking the negative trend on Thursday, the Dow industrials DJIA +0.15% closed up 19.61 points, or 0.2%, at 13,145.82 after turning higher in late trading. The Dow is currently up 0.5% for the week.
The losses on Wall Street came as data showed that weekly jobless claims fell to 359,000 last week, with the level a bit higher than expected. Also, the Commerce Department reported that U.S. real gross domestic product for the fourth quarter rose at a 3.0% annualized rate, unrevised from an earlier estimate.
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