DOW JUMPS, DRAGGING S&P 500 AND NASDAQ WITH IT
The Dow Jones Industrial Average climbed triple digits, building off a triumphant start to the trading session for U.S. stock futures. The blue-chip index climbed 140.52 points, or 0.6%, to reach 25,857.98. Caterpillar Inc. (CAT) and Boeing Co (BA) were the Dow’s top performers.
The Dow is minutes away from closing its best quarter in 10 years. | Source: Yahoo Finance
The broad S&P 500 Index of large-cap stocks gained 0.4% to 2,828.15. Nine of 11 primary sectors reported gains, with health care stocks climbing 1% on average. Industrials and information technology shares also outperformed the benchmark.
Meanwhile, the technology focused Nasdaq Composite Index climbed 0.6% to settle at 7,717.13.
The SPDR Dow Jones Industrial Average ETF (DIA) rose $0.05 (+0.02%) in after-hours trading Friday. Year-to-date, DIA has gained 5.62%, versus a 6.28% rise in the benchmark S&P 500 index during the same period.
DIA currently has an ETF Daily News SMART Grade of A (Strong Buy), and is ranked #4 of 82 ETFs in the Large Cap Value ETFs category.
This article is brought to you courtesy of CCN.
