Stocks capped a four-day rally with another sharp rally Friday as the Dow Jones Industrial Average stormed up 96.50 points to close at 12,720.48.
Tech stocks managed to survive Google’s disappointing earnings report, losing only 1.63 points to 2,786.70 even though the Internet search and advertising giant’s shares plunged 8% for the day.
The S&P 500 inched up 0.88 points to close at 1,315.38.
On the economic front, existing home sales improved 5% in December, according to the National Association of Realtors, moving up to an 11-month high and posting its third-consecutive monthly increase.
Here are some more details from Friday’s trading session:
Dow Jones Industrial Average:
- This week: DJIA, up 298.42 points, or 2.40% to 12720.48
- Up three consecutive weeks and four of the last five.
- Biggest weekly points and percentage gain since the week period ended December 23, 2011.
- Highest close since July 21, 2011.
- Today: DJIA, up 96.50 points, or 0.76%.
- Up four consecutive trading days and seven of the last nine sessions.
- An intraday high of 12720.48 occurred at the close today.
- An intraday low of 12620.76 occurred at 09:36:48 today, representing a decrease of 3.22 points, or 0.03%.
- Seventeen of the 30 component stocks rose, 12 fell, one was unchanged.
- Today's top five contributors to The Dow's movement and their point contribution: IBM (60.55), MSFT (12.03), TRV (9.76), HPQ (7.42), INTC (5.68).
- Today's bottom five laggards: AXP (-6.89), HD (-6.81), UTX (-3.78), MMM (-1.14), DIS (-0.98).
- Down 1444.05 points, or 10.19% from its record close of 14164.53 on October 9, 2007.
- Up 7.15% from 52 weeks ago.
- Up 94.29% from its 12-year closing low of 6547.05 on March 9, 2009.
- Down 0.70% from its 52-week closing high of 12810.54 on April 29, 2011.
- Up 19.38% from its 52-week closing low of 10655.30 on October 3, 2011.
- Month-to-date: up 4.12%.
- Year-to-date: up 502.92 points or 4.12%.
- DJIA crossed zero seven times during today's trading session.
Dow Jones U.S. Total Stock Market Index:
- This week: Dow Jones U.S. Total Stock Market Index, 13657.49 (prelim), up 284.08 points, or 2.12%.
- Up three consecutive weeks and four of the last five.
- Biggest weekly points and percentage gain since the week period ended December 23, 2011.
- Today: Dow Jones U.S. Total Stock Market Index, up 8.56 points, or 0.06%, or approximately $6.0 billion in market capitalization.
- Up four consecutive trading days and eight of the last nine sessions.
- Highest close since July 26, 2011.
- Down 2087.90 points, or 13.26% (approximately $3.3 trillion in market cap), from its record close of 15745.39 on October 9, 2007.
- Up 100.84% (approximately $7.9 trillion in market cap), from the 12-½ year closing low of 6800.08 on March 9, 2009.
- Up 2.31% over the past 52 weeks.
- Down 4.55% from its 52-week closing high of 14308.37 on April 29, 2011.
- Up 20.87% from its 52-week closing low of 11299.07 on October 3, 2011.
- Month-to-date: up 4.90%.
- Year-to-date: up 4.90%, or approximately $740 billion in market cap.
Data courtesy of Dow Jones Indexes.
