Banks Bruise Dow; Google Lifts Nasdaq
NEW YORK ( TheStreet) -- Stocks ended on a mixed note on Friday with strong earnings pushing tech stocks higher even as financials were hit by growing concerns over foreclosure moratoriums.
The Dow Jones Industrial Average finished lower by 32 points, or 0.3%, at 11,062. The S&P 500 gained 2 points or 0.2% to 1176. A 10% jump in Google (GOOG) helped push the Nasdaq higher by 33 points, or 1.4%, to close at 2468.
The Dow managed to finish slightly higher for the week, as weakness in financials and an unexpected jump in jobless claims curbed investor enthusiasm for stocks.
Stocks initially traded higher on Friday after Federal Reserve Chairman Ben Bernanke reiterated that additional accommodation was coming, but did not offer fresh details. In a
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