The Stock Market Has Its Best Quarter Since 2009

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From Sam Bourgi: By CCN: The Dow and broader U.S. stock market rallied on Friday, capping off the best quarter since the financial crisis and reaffirming that the bull market has yet to run its course.

DOW JUMPS, DRAGGING S&P 500 AND NASDAQ WITH IT

The Dow Jones Industrial Average climbed triple digits, building off a triumphant start to the trading session for U.S. stock futures. The blue-chip index climbed 140.52 points, or 0.6%, to reach 25,857.98. Caterpillar Inc. (CAT) and Boeing Co (BA) were the Dow’s top performers.

dow jones industrial average, djia

The Dow is minutes away from closing its best quarter in 10 years. | Source: Yahoo Finance

The broad S&P 500 Index of large-cap stocks gained 0.4% to 2,828.15. Nine of 11 primary sectors reported gains, with health care stocks climbing 1% on average. Industrials and information technology shares also outperformed the benchmark.

Meanwhile, the technology focused Nasdaq Composite Index climbed 0.6% to settle at 7,717.13.


The SPDR Dow Jones Industrial Average ETF (DIA) rose $0.05 (+0.02%) in after-hours trading Friday. Year-to-date, DIA has gained 5.62%, versus a 6.28% rise in the benchmark S&P 500 index during the same period.

DIA currently has an ETF Daily News SMART Grade of A (Strong Buy), and is ranked #4 of 82 ETFs in the Large Cap Value ETFs category.


This article is brought to you courtesy of CCN.