Wall Street Ends Higher On Strong Data

Category: Markets / Finance / Mar 01, 2013 5:50PM EDT
U.S. stocks ended mostly higher on Friday (March 1) as strong economic data overshadowed growth concerns in China and Europe and let investors discount the impact of expected U.S. government spending cuts. For the day, the Dow Jones industrial average was up 35.17 points, or 0.25 percent, to end at 14,089.66. The Standard & Poor's 500 Index was up 3.53 points, or 0.23 percent, to end at 1,518.21. The Nasdaq Composite Index was up 9.55 points, or 0.30 percent, to close at 3,169.74. For the week, the Dow ended up 0.6 percent, the S&P 500 gained 0.2 percent and the Nasdaq rose 0.3 percent. (Video Source: Reuters)