The primary stock market indicators moved in positive territory during the
majority of the last trading session in the U.S. The Dow Jones Industrial
Average, as well as the Nasdaq and the S&P 500, received an uplifting boost from
earnings and retail sales data. Specifically, auto sales were stronger than
expected and helped to push retail sales figures higher overall. According to
the Commerce Department data, retail sales figures in the U.S. posted higher by
1.1 percent in September. This was significant in that consumer spending
accounts for about 66 percent of overall economic growth in the U.S. Googles
better-than-expected results also helped to push indices higher overall as well.
According to Google finance, GOOG finished the last session higher by 5.85
percent at 591.68. Previous close for GOOG posted at 558.99 according to Google
finance. The primary index composites finished in positive territory for the
last session of the week. The positive trends helped to keep the primary U.S.
indices in the green for the week overall. The positive action also helped to
push the DJIA as well as the Nasdaq index into the green for the year overall.
Officially, the Dow Jones Average closed higher by 166.36 points at 11,644.49.
The Nasdaq closed on positive ground by 47.61 at 2,667.85. The S&P 500 finished
higher as well by 20.92 points at 1,245.58.
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