Dow closes week with marginal losses. S&P and Nasdaq up about 0.5%

The US major indices are ending the session higher and nearer the highs for the day.

The final numbers are showing:

  • S&P index, +19.09 points or 0.66% at 2907.41
  • NASDAQ index of 36.805 points or 0.46% at 7984.16
  • Dow industrial average +269.25 points or 1.03% at 26412.30

For the week, the Dow ended near unchanged, while the S&P and NASDAQ close with modest gains for the week:

  • S&P index, +0.51%
  • NASDAQ composite index +0.57%
  • Dow industrial average -0.05%

The big winner today was Disney which rose 11.54% on the news it would enter the streaming video market. Netflix suffered as a result of the increased competition and was down -4.49%.

Another big winner today was J.P. Morgan Chase after they kicked off the earnings season for financials with stellar earnings above expectations. Their stock rose $4.98 or 4.69% to $111.21.

Anadarko Petroleum surged on the back of a bid by Chevron valued at $33B. The price of the stock ended up $15 or 32.05%

Other winners today included:

  • Anadarko Petroleum, +32.05%
  • Morgan Stanley, +4.25%
  • Bank of America +3.78%
  • PNC financial, +3.78%
  • Boeing, +2.55%
  • Charles Schwab, +2.49%
  • Goldman Sachs, +2.48%
  • Citigroup, +2.31%
  • Alibaba, +2.11%
  • United Technologies, +1.84%
  • 3M, +1.82%
  • Caterpillar, +1.69%
  • Cisco, +1.24%

Some losers today included:

  • UnitedHealth, -5.17%
  • Chevron, -4.91%
  • Gilead, -1.55%
  • Stryker, -1.36%
  • Pfizer, -1.32%
  • Exxon Mobil, -1.24%
  • Nvidia -0.8%
  • Micron, -0.64%
  • Twitter, -0.61%
  • Merck, -0.56%