Friday 12 June 2015

U.S. Stocks Extend Gains, As Robust Data Outweighs Greek Concerns

Posted by suhani varma on Friday, June 12, 2015 with No comments

Investing.com - Investing.com -- Stocks on the U.S. equities markets moved broadly higher on Thursday extending gains from one session earlier, as a wave of robust economic outweighed increasing concerns of a Greek default on its sovereign debt. One day after jumping more than 230 points, the Dow Jones Industrial Average rose modestly on Thursday, while the NASDAQ Composite index and the S&P Composite index each inched up remaining in near-record territory. 

The Dow gained 38.97 or 0.22% to close at 18,039.37 on Thursday, while the NASDAQ rose 5.82 or 0.11% to remain comfortably above the symbolic 5,000 level at 5,082.51. The S&P 500, meanwhile, gained 3.66 or 0.17% to , as seven of 10 sectors closed in the green. Stocks in the Utilities, Health Care and Telecommunications sectors led, while stocks in the Energy, Technology and Consumer Goods industries lagged.

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