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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%.
This article was written by a staff member of TheStreet.com.