Saturday, November 2, 2013

Dow Finishes Week Strong Despite Home Depot's Decline


As the market opened this morning, the Dow Jones Industrial Average (DJINDICES: ^DJI  ) was down for the week; but then the blue chip index rallied this afternoon, and closed up 69 points, or 0.45%, and the Dow ended the last week of October in the black by 45 points, or 0.29%. The same is true for the S&P 500, which ended today's session up 5.1 points, or 0.29%, and the week higher by 1.87 points, or 0.1%. The Nasdaq moved higher today by 2.33 points, or 0.06%, but that wasn't enough to dig itself out of the hole it created earlier in the week and, thus, the tech-heavy index finished the week down 21 points, or 0.54%.

One Dow component that contributed to today's winning session was Walt-Disney (NYSE: DIS  ) , which inched higher by 0.61% as talks pertaining to a new contract between Disney and cable provider Dish Network (NASDAQ: DISH  ) continue to move sluggishly. HD.

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