Wall Street wraps up strong week and quarter; S&P closes at record

Traders Timothy Nick left Peter Tuchman center and Gordon Charlop work on the floor of the New York Stock Exchange Thursday

The major U.S. stock indices are ending the day with gains (of varying amounts). The Nasdaq composite closed 0.2 points higher, within 0.4% of its record. Among the day's notable gainers, Facebook Inc.

USA stocks continued to increase Friday, with both the S&P 500 and the Nasdaq closing at record highs, as investors digested a batch of released economic reports.

"There is some rotation out of technology into some of the reflation trade sectors".

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The people were staying indoors as the shelling was intense, sources said, adding that the Indian army was retaliating. BAT is a group of Special Forces of Pakistan. "No casualties are reported", said a defence spokesman here.

The storms also pushed up initial claims for state unemployment benefits for the week ended September 23, the Labor Department said.

The Dow Jones Industrial Average closed with modest gains, up zero.2 percent at 22,381.2, pushed up by McDonald's, whose shares rose sharply.

S&P 500 measures the performance of 500 widely held common stocks of large-cap US companies.

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Western Digital fell 2.4 percent after Toshiba said it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital.

Advancing issues outnumbered declining ones on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.35-to-1 ratio favored advancers.

The dollar index, which has gained around 1 percent this week thanks to the Federal Reserve's indications for monetary policy tightening, may also be having an impact on those firms which rely on foreign earnings.

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The S&P 500 Index posted a 0.01 percent gain Tuesday, narrowly avoiding a fourth day of losses. Hong Kong's Hang Seng index rose 0.5 percent to 27,662.57.


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