More from FXstreet.com

U.S. stocks recover, end week mixed

By FXstreet.com,  June 22, 2012, 04:30:00 PM EDT

FXstreet.com (San Francisco) - U.S. stocks recovered on Friday, one day after fears of slow growth and bank downgrades sent them sharply down.

The rally came after the European Central Bank said it would take further steps to ease loan collateral for banks, enabling Dow industrials to rise 67 points, or 0.5% to 12,641; the S&P 500 to add 10 points, or 0.7% to 1,335, and the Nasdaq to gain 33 points, or 1.2% to 2,892.

For the week, the Dow and S&P 500 both ended in red, while the Nasdaq gained for a third consecutive week; the Dow shed 0.9%, the S&P 500 lost 0.6%, while the Nasdaq ended 0.7% higher.




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


This article appears in: Investing, Forex and Currencies

Referenced Stocks:



Latest News Video

Watch As Chihuahua Says "I Love You"
Watch As Chihuahua Says "I Love You...
90-Year-Old Viciously Beaten For Her Wallet
90-Year-Old Viciously Beaten For He...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.24 0.03  0.23%
FB $ 24.32 0.74  2.95%
SIRI $ 3.58 0.04  0.99%
GE $ 23.53 0.13  0.55%
PFE $ 29.04 0.07  0.24%
MSFT $ 34.27 0.12  0.35%
INTC $ 23.93 0.12  0.50%
P $ 16.43 0.73  4.25%