Stocks End Week on Upswing; Financial, Materials Shares Lead Late Rally

Comment

Shutterstock photo

Stocks turned back initial declines that followed a better-than-expected jobs report for October that some see increasing the odds of a Fed taper. Investors instead embraced another batch of strong earnings as good news, lifting the U.S. markets to a higher close. Nearly all industry sectors in the S&P 500 ended in the black, led by shares of financial and materials companies. Both the S&P and the Dow Jones Industrials indices were higher for the week, although the Nasdaq Composite finished lower for the second week in a row.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.



This article appears in: Investing , Commodities


More from MT Newswires

Subscribe






MT Newswires
Contributor:

MT Newswires

Market News, Commodities
Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com