Stocks in the U.S ended mixed in a quiet session Friday as investors were reluctant to jump in ahead of the weekend. Despite the lacklustre session, stocks still capped a strong finish for the shortened trading week, with all three major averages adding almost two percent, despite ongoing woes over the euro zone debt crisis and some disappointing corporate earnings results.
The Dow Jones Industrial Average jumped 96.50 points, or 0.76 percent, to finish at 12,720.48, posting a four-day rally led by IBM (+4.43%) and Microsoft (+5.65%), which both beat expectations.
The S&P500 eked out a gain of 0.88 points, or 0.07 percent, to end at 1,315.38 whilst the Nasdaq slipped 1.63 points, or 0.06 percent, to close at 2,786.70. Meanwhile, Google (-8.38%) plunged to lead the S&P laggards after the internet giant’s results failed to reach Wall Street estimates.
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