Stocks Wrap Up a Hot July

Posted by admin on Jul 31st, 2009 and filed under Business. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

Stocks Wrap Up a Hot July Stocks closed out one of the best months for markets in years with a mixed performance on Friday after data showed a smaller-than-expected contraction in the economy during the second quarter. The Dow Jones Industrial Average gained 17.15 points, or 0.2%, to end trading at 9171.61, leaving it up 8.6% in July for its best monthly performance since October 2002. It was the best July for the Dow in percentage terms since 1989, when it gained 9.04%. Market Data Center > Most Actives | Gainers | Losers New Highs and Lows | Money Flows Intraday Futures | Currencies The measure's best-performing stock in July was Caterpillar, which surged by 33%. It gained 1.5% on Friday. Its worst peformer was McDonald's. The fast-food chain's shares fell 4.2% on the month, and shed 1% on Friday. The S&P 500 climbed 0.73 point, or 0.1%, to 987.47. It gained 7.4% in July and it has risen 34.33% in five months, its best five-month span since October 1938. The Nasdaq Composite Index slid 5.[Read more...]

Comments are closed