MoneyNews

US major indexes end the week on gains

UNITED STATES, WASHINGTON (OBSERVATORY) — The S&P 500 and the Dow Jones industrial average closed slightly higher on Friday as investors digested a mixed report on US jobs and bet on them to cut interest rates from the Federal Reserve this month, while a stimulus plan in China helped ease concerns about Global growth.

The Dow ended the session up 69.31 points, or 0.26%, at 26,797.46, while the Standard & Poor’s 500 Index <.SPX> was up 2.71 points, or 0.09%, to close at 2,978.71.

The Nasdaq Composite Index was down 13.75 points, or 0.17 percent, at 8,103.07.

The three indexes ended the week on gains, with S&P up 1.79 percent, the Nasdaq up 1.76 percent and the Dow Jones up 1.49 percent.

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