United States stocks extend gains amid economic data

Bill Rogers
September 30, 2017

The major United States stock indices are ending the day with gains (of varying amounts).

Dow futures pointed to an opening decline of about 23 points, while the S&P 500 futures indicated a roughly 2 point opening decline for the index. Among the day's notable gainers, Facebook Inc. He did that again on Friday, cheering the "RECORD HIGH" for the S&P 500.

In oil markets, Brent crude traded about half a percent lower around $56.90, while USA crude traded slightly lower near $51.42. Tech sectors lagged behind, causing the Nasdaq to lose zero.1 percent to 6,453.4-5.

US 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.

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For September, the Dow gained 2.1 percent, the S&P rose 1.9 percent and the Nasdaq advanced 1.05 percent. The sector was last up 0.27 percent.

For the week, the Dow rose 0.2% and the S&P added 0.7%, with both rising for the third straight week, while the Nasdaq climbed 1.1%; small-caps were the week's biggest winners, as the Russell 2000 jumped 2.8%.

Another report showed the Chicago purchasing management index, which gauges factory activity, came in better than expected for September.

Advancing issues outnumbered declining ones on the NYSE by a 1.47-to-1 ratio; on Nasdaq, a 1.54-to-1 ratio favoured advancers.

Other reports by TheSundaySentinel

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