Wall Street ends higher on technology, energy boost

US stocks ended higher on Friday after a last-minute trading spike and a technology sector gain offset weakness in financial stocks and sent the Nasdaq higher, giving it a weekly gain for the first time in three weeks.

The Dow Jones Industrial Average closed down 2.53 points, or 0.01 percent, to 21,394.76, the S&P 500 gained 3.8 points, or 0.16 percent, to 2,438.3 and the Nasdaq Composite added 28.57 points, or 0.46 percent, to 6,265.25. For the week, the Dow added 0.05 percent, the S&P rose 0.21 percent and the Nasdaq gained 1.84 percent. Big technology stocks, including Apple, Facebook and Microsoft were the S&P 500’s biggest boosts on the day and sent up the tech sector 0.7 percent.

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Posted in: Indian Market Tips