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S&P scores eight winning weeks in last nine

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Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) - The S&P 500 and Nasdaq notched their eighth week of gains in the last nine, but momentum ran out on Friday as shares ended the day lower after a thinly traded session. The Dow Jones industrial average dropped 2.73 points, or 0.02 percent, to end unofficially at 12,977.57. The Standard & Poor's 500 Index shed 4.46 points, or 0.32 percent, to finish unofficially at 1,369.63. The Nasdaq Composite Index fell 12.78 points, or 0.43 percent, to close unofficially at 2,976.19. For the week, the S&P 500 advanced 0.3 percent and the Nasdaq gained 0.4 percent. ...


S&P scores eight winning weeks in last nine

E-mail Print PDF

Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) - The S&P 500 and Nasdaq notched their eighth week of gains in the last nine, but momentum ran out on Friday as shares ended the day lower after a thinly traded session. The Dow Jones industrial average dropped 2.73 points, or 0.02 percent, to end unofficially at 12,977.57. The Standard & Poor's 500 Index shed 4.46 points, or 0.32 percent, to finish unofficially at 1,369.63. The Nasdaq Composite Index fell 12.78 points, or 0.43 percent, to close unofficially at 2,976.19. For the week, the S&P 500 advanced 0.3 percent and the Nasdaq gained 0.4 percent. ...


Yelp shares surge 63 percent in stock market debut

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FILE - In this Oct. 26, 2011 file photo, the logo of the online reviews website Yelp is shown in neon on a wall at the company's new Manhattan offices in New York. Online reviews site Yelp is expected to price its initial public offering of stock on Thursday , March 1, 2012, and become the latest in a long line of social websites going public. (AP Photo/Kathy Willens, File)Yelp's stock opened to five-star reviews from investors on Friday, soaring 63 percent even though the company has yet to prove it can make money from its online recommendations.


Yelp shares surge 63 percent in stock market debut

E-mail Print PDF

FILE - In this Oct. 26, 2011 file photo, the logo of the online reviews website Yelp is shown in neon on a wall at the company's new Manhattan offices in New York. Online reviews site Yelp is expected to price its initial public offering of stock on Thursday , March 1, 2012, and become the latest in a long line of social websites going public. (AP Photo/Kathy Willens, File)Yelp's stock opened to five-star reviews from investors on Friday, soaring 63 percent even though the company has yet to prove it can make money from its online recommendations.


Yelp shares surge 63 percent in stock market debut

E-mail Print PDF

FILE - In this Oct. 26, 2011 file photo, the logo of the online reviews website Yelp is shown in neon on a wall at the company's new Manhattan offices in New York. Online reviews site Yelp is expected to price its initial public offering of stock on Thursday , March 1, 2012, and become the latest in a long line of social websites going public. (AP Photo/Kathy Willens, File)Yelp's stock opened to five-star reviews from investors on Friday, soaring 63 percent even though the company has yet to prove it can make money from its online recommendations.


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