Market Features
Are You a Bull or a Bear? Vote in Our Poll
05/02/08 - 06:58 PM EDT
Where do you think the market is headed next? Please vote in our poll below. As TSC's Sarina Penn reported: The Dow Jones Industrial Average, up some 120 points earlier, surrendered most of those gains to close up 48.2 points, or 0.37%, to 13,058.2. The S&P 500 tacked on 4.56 points, or 0.32%, to 1413.9. Turning in the worst performance was the Nasdaq Composite, which ended down 3.72 points, or 0.15%, at 2476.99 amid dismal results from Sun Microsystems JAVA. Breadth was mixed to end the week. Roughly 1.96 billion shares changed hands on the New York Stock Exchange, with advancers topping decliners by nearly a 3-to-2 margin. On the Nasdaq, volume reached some 2.28 billion shares as losers edged past winners 5 to 4. Still, thanks largely to the rally in the prior session, all three equity measures have achieved healthy gains for the week. Since Monday, the Dow has lifted by 1.3%, the S&P has added 1.2%, and the Nasdaq has spiked 2.2%.
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