Markets

Global Markets Overview - 07 January 2013

U.S. STOCK MARKETS

Stocks ended the first week of the new year with a bang, with the S&P 500 notching a five-year high and the Dow securing its biggest weekly gain since December 2011.

The Dow Jones Industrial Average added 43.85 points, or 0.3%, to 13435.21 after December job growth roughly met economists' estimates and a reading on nonmanufacturing economic activity was surprisingly strong. That capped its biggest weekly point gain--despite a holiday-shortened week--in more than a year, thanks to a 308-point rally Wednesday.

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


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

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