September 17th, 2010
05:36 PM ET

Stocks eke out gains in choppy week

A look at highlights from the day's business news:

Stocks end with modest gains

Stocks closed modestly higher Friday on better-than-expected earnings from Oracle and Research in Motion, but a disappointing consumer sentiment report put a cap on gains.

The Dow Jones industrial average gained 13 points, or 0.1%, to end at 10,607.85. The S&P 500 added 1 point, or 0.1%, to close at 1,125.59, and the tech-heavy Nasdaq increased 12 points, or 0.5%, to end at 2,315.61.

During the rest of the week, stocks ended higher on Monday and Wednesday but closed mixed to flat for the other two days. The Dow gained 0.6% over the week, while the S&P added 0.3%, and the Nasdaq advanced 1.3%.

Upbeat tech earnings helped stocks pop at the open Friday, but an unexpectedly downbeat consumer sentiment report sent indexes in and out of negative territory. The banking and energy sectors ended mostly lower, while technology, retail and housing shares closed mixed.

For more on the day in the markets, check out CNNMoney.com's wrap-up of the week.

soundoff (8 Responses)
  1. phil

    Can't hardly tell the Dow what with 1/4th of it based on 3 stocks: IBM, Cat, and McDonalds. Times they are a changin'

    September 17, 2010 at 6:07 pm | Report abuse |
  2. phil

    Hardly a word here. And I was told by politicians that the economy was No. one concern. Now if this were a football game, I wouldn't hardly get a word in edgewise.

    September 17, 2010 at 9:21 pm | Report abuse |
  3. phil

    And still you are quiet yet there are over 600 of you that posted comments on the Mohammed drawings. Is it safe for me to assume that you are more concerned with cartoons than w/the economy?

    September 17, 2010 at 10:15 pm | Report abuse |
  4. phil

    MUMS the word here. The economy ranks No.26 on the list of Americans concerns. Right behind Unicorns at No. 25.

    September 17, 2010 at 10:37 pm | Report abuse |
  5. phil

    Now the economy ranks No. 32 on the list of American concerns. narrowly edging out the Pope urinating.8-D story.

    September 17, 2010 at 11:16 pm | Report abuse |
  6. phil

    Audit the federal reserve already? anyone in here? hellooooohhhhhhh

    September 17, 2010 at 11:39 pm | Report abuse |
  7. phil

    Helloooo, heloo, eloo ,loo, oo, o...(echo)

    September 18, 2010 at 7:31 am | Report abuse |
  8. Sarah

    PLEASE DONATE FOR PAKISTAN EMERGENCY DONATION & DOUBLE IT FROM CANADIAN GOVERNMENT BY Oct 3rd.
    CALL UNICEF CANADA 1-800-567-4483 OR UNICEF.CA
    $1, $2 OR MORE, EVERY $ COUNTS. THANKS IN THE NAME OF HUMANITY.

    September 19, 2010 at 4:52 pm | Report abuse |