Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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How the Dow Jones industrial average and other major indexes fared on Friday
– canadianbusiness.com
Stocks ended mixed on Friday after a late slump in health care stocks offset gains in financial shares. Banks and other financial companies got a boost after Federal Reserve Chair Janet Yellen said that the central bank was still likely to raise interest rates this year. Drugmakers fell on worries about new regulations.
On Friday:
The Dow Jones industrial average rose 113.35 points, or 0.7 per cent, to 16,314.67.
The Standard & Poor’s 500 index fell 0.9 points, or less than 0.1 per cent, to finish at 1,931.34.
The Nasdaq composite fell 47.98 points, or 1 per cent, to 4,686.50.
For the week:
The Dow is down 69.91 points, or 0.4 per cent.
The S&P 500 index is down 26.69 points, or 1.4 per cent.
The Nasdaq is down 140.73 points, or 2.9 per cent.
For the year:
The Dow is down 1,508.40 points, or 8.5 per cent.
The S&P 500 index is down 127.56 points, or 6.2 per cent.
The Nasdaq is down 49.56 points, or less than 1.1 per cent.
The post How the Dow Jones industrial average and other major indexes fared on Friday appeared first on Canadian Business – Your Source For Business News.
On Friday:
The Dow Jones industrial average rose 113.35 points, or 0.7 per cent, to 16,314.67.
The Standard & Poor’s 500 index fell 0.9 points, or less than 0.1 per cent, to finish at 1,931.34.
The Nasdaq composite fell 47.98 points, or 1 per cent, to 4,686.50.
For the week:
The Dow is down 69.91 points, or 0.4 per cent.
The S&P 500 index is down 26.69 points, or 1.4 per cent.
The Nasdaq is down 140.73 points, or 2.9 per cent.
For the year:
The Dow is down 1,508.40 points, or 8.5 per cent.
The S&P 500 index is down 127.56 points, or 6.2 per cent.
The Nasdaq is down 49.56 points, or less than 1.1 per cent.
The post How the Dow Jones industrial average and other major indexes fared on Friday appeared first on Canadian Business – Your Source For Business News.
