Stocks Close Friday's Session Mixed

Loading...
Loading...
The major U.S. equity averages opened Friday's trading session near the unchanged line as investors continue to await final word on an expected Greek bailout deal. The Dow and S&P managed to grind out small gains by the close while the Nasdaq recorded a loss for the day. The Dow Jones Industrial Average rose 46 points and closed at just below 12,950. The widely watched blue-chip index traded in a range between 12,903 and 12,968. The SPDR S&P 500 ETF
SPY
notched a gain of 0.27% to $136.41. Volume was light in the quiet trading session with around 129 million SPY shares trading hands compared to a 3-month daily average of 170.7 million shares. The PowerShares QQQ Trust ETF
QQQ
, which tracks the performance of the Nasdaq 100, fell 0.31% to finish at $63.43. Technology shares were among the worst performing sectors on the day, which helped to drag down the Nasdaq. The U.S. crude oil benchmark rose on the day, while Brent crude futures, which are a better indicator of worldwide oil supply/demand dynamics fell. NYMEX West Texas Intermediate crude futures added 0.91% to $103.24. Brent futures, which trade on the ICE exchange, lost 0.44% to $119.58. In ETF trading, the United States Oil Fund ETF
USO
jumped 1.17% to $39.75. Precious metals were marginally weaker heading into the weekend. COMEX gold futures shed 0.14% to $1,725.90 while COMEX silver futures lost 0.46% to $33.282. The heavily traded SPDR Gold Trust ETF
GLD
fell 0.38% to $167.37. Long-term Treasuries opened the session lower, but finished near the unchanged mark. The iShares Barclays 20+ Year Treasury Bond ETF
TLT
lost 0.03% to $116.58 by the close. The yield on the 10-Year Note rose 1.9 basis points to 2%, as the recent rally in the stock market has done little to coax yields higher. The U.S. Dollar didn't move much on Friday either. The PowerShares DB US Dollar Index Bullish ETF
UUP
, which tracks the performance of the greenback versus a basket of foreign currencies, finished the day flat. Dollar Index futures gained 0.08% to $79.52. The closely watched EUR/USD pair is currently trading at $1.3140.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Sector ETFsBondsBroad U.S. Equity ETFsFuturesCommoditiesCurrency ETFsForexIntraday UpdateMarketsMoversETFs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...