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Mixed week for US stocks

Sunday, 11 May 2014


US stocks finished the week with solid gains at the weekend, but it was not enough to lift the tech-rich Nasdaq Composite Index into the black for the week. The Nasdaq, which has underperformed compared to the other two leading indices since early March, fell 52.03 (1.26 per cent) for the week to 4,071.87. The S&P 500 slipped 2.66 (0.14%) to 1,878,48, while the Dow Jones Industrial Average rose 70.45 (0.43%) to 16,583.34, according to AFP.