By Iain Gilbert
Date: Friday 14 Mar 2025
(Sharecast News) - Major indices closed higher on Friday in what had otherwise been a losing week for the Dow Jones.
At the close, the Dow Jones Industrial Average was up 1.65% at 41,488.19, while the S&P 500 advanced 2.13% to 5,639.94 and the Nasdaq Composite saw out the session 2.61% firmer at 17,754.09.
The Dow closed 674.62 points higher on Friday, reversing losses record in the previous session and halting the blue chip's losing streak.
Stocks traded higher on the back of news that a Federal government shutdown had been avoided after Senate minority leader Chuck Schumer said he wouldn't stand in the way of a Republican funding bill.
Sentiment also got a boost thanks to a lack of new tariff-related headlines out of Washington, easing concerns around escalating tensions between the US and a number of its largest trading partners.
However, major indices were all lower for the week as Donald Trump's seemingly random tariff policies continued to foster uncertainty and drive market volatility. Despite Friday's gains, the Dow Jones still delivered its worst weekly performance since 2023.
On the macro front, a preliminary reading of the University of Michigan's consumer sentiment index showed a drop to 57.9 in March, down 10.5% month-on-month and well and truly below estimates for a reading of 63.2. While the current conditions index slipped just 3.3%, future expectations slumped 15.3% month-on-month and a whopping 30% year-on-year.
Elsewhere, the yield on the benchmark 10-year Treasury note was more than four basis points higher at 4.317%, while its two-year counterpart was half a basis point higher at 4.030%.
Reporting by Iain Gilbert at Sharecast.com
Dow Jones - Risers
American Express Co. (AXP) $265.63 3.59%
JP Morgan Chase & Co. (JPM) $232.44 3.22%
Goldman Sachs Group Inc. (GS) $541.41 3.16%
3M Co. (MMM) $150.61 2.95%
Salesforce.Com Inc. (CRM) $279.80 2.82%
Chevron Corp. (CVX) $157.11 2.22%
Dow Chemical Co. (DOW) $36.97 2.04%
Travelers Company Inc. (TRV) $260.91 1.94%
Caterpillar Inc. (CAT) $339.64 1.90%
Walt Disney Co. (DIS) $98.64 1.83%
Dow Jones - Fallers
Nike Inc. (NKE) $71.66 -1.35%
Coca-Cola Co. (KO) $69.16 -0.66%
Procter & Gamble Co. (PG) $168.23 -0.37%
Verizon Communications Inc. (VZ) $43.57 -0.32%
Walgreens Boots Alliance, Inc. (WBA) $11.23 -0.27%
Merck & Co. Inc. (MRK) $94.57 -0.15%
Johnson & Johnson (JNJ) $162.81 -0.11%
Microsoft Corp. (MSFT) $378.77 0.00%
Dowdupont Inc. (DWDP) $0.00 0.00%
Amgen Inc. (AMGN) $313.51 0.28%
S&P 500 - Risers
Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) $357.48 13.68%
Crown Castle International (CCI) $103.20 8.55%
Celanese Corp. (CE) $57.05 7.46%
Delta Airlines Inc. (DAL) $46.75 6.44%
Micron Technology Inc. (MU) $100.79 6.23%
Western Digital Corp. (WDC) $44.53 5.95%
Hewlett Packard Enterprise (HPE) $15.69 5.75%
Fluor Corp. (FLR) $36.83 5.35%
MGM Resorts International (MGM) $31.78 5.31%
Nvidia Corp. (NVDA) $121.67 5.27%
S&P 500 - Fallers
Under Armour Inc. Class A (UAA) $6.72 -4.96%
Macy's Inc. (M) $13.08 -4.11%
Gap Inc. (GAP) $20.13 -3.03%
Under Armour, Inc. (UA) $6.24 -2.96%
Abbott Laboratories (ABT) $127.06 -2.45%
Dollar Tree Inc (DLTR) $64.56 -2.18%
Bristol-Myers Squibb (BMY) $59.01 -2.11%
Regeneron Pharmaceuticals Inc. (REGN) $666.87 -2.02%
Kohls Corp. (KSS) $8.06 -1.83%
Gilead Sciences Inc. (GILD) $111.44 -1.69%
Nasdaq 100 - Risers
Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) $357.48 13.68%
Micron Technology Inc. (MU) $100.79 6.23%
Western Digital Corp. (WDC) $44.53 5.95%
Nvidia Corp. (NVDA) $121.67 5.27%
JD.com, Inc. (JD) $43.16 4.66%
Check Point Software Technologies Ltd. (CHKP) $224.84 4.63%
KLA-Tencor Corp. (KLAC) $713.00 4.62%
Lam Research Corp. (LRCX) $78.69 4.56%
Adobe Systems Inc. (ADBE) $394.74 4.47%
Synopsys Inc. (SNPS) $446.23 4.12%
Nasdaq 100 - Fallers
Dollar Tree Inc (DLTR) $64.56 -2.18%
Regeneron Pharmaceuticals Inc. (REGN) $666.87 -2.02%
Gilead Sciences Inc. (GILD) $111.44 -1.69%
Qvc Group Inc Series A (QVCGA) $0.22 -1.68%
Biomarin Pharmaceutical Inc. (BMRN) $69.44 -1.64%
T-Mobile Us, Inc. (TMUS) $255.98 -1.20%
NetEase Inc. Ads (NTES) $102.79 -0.72%
Mondelez International Inc. (MDLZ) $64.31 -0.59%
Baidu Inc. (BIDU) $93.82 -0.47%
Biogen Inc (BIIB) $139.44 -0.39%
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