Dow Jones and S&P 500 Finish Higher; Nasdaq Ends Marginally Lower

The Dow Jones and the S&P 500 ended the day near session higher as investors’ sentiment remained upbeat despite disappointing consumer confidence data. The Nasdaq, meanwhile, ended the day marginally lower after fluctuating between gains and losses.

The Dow Jones ended the day 0.52% higher at 13,954.42, the S&P 500 ended the day 0.51% higher at 1,507.84, and the Nasdaq ended the day 0.02% lower at 3,153.66.

All sectors in the S&P 500 except Consumer Cyclical ended the day in green. The gains were led by Energy sector, which ended the day 1.29% higher. Basic Materials sector also rose sharply in trading today, ending the day 0.98% higher. Consumer Non-Cyclical sector ended the day 1.07% higher. Healthcare sector rose 0.99%. Financials also rose sharply, ending the day 0.48% higher. Consumer Cyclical sector ended the day 0.02% lower.

Among the major movers in trading today were Valero Energy Corporation (NYSE: VLO), which ended the day 12.78% higher at $43.77, D.R. Horton Inc. (NYSE: DHI), which ended the day 11.78% higher at $23.82, Hess Corp. (NYSE: HES), which ended the day 9.01% higher at $68.11, VMware Inc. (NYSE: VMW), which ended the day 21.54% lower at $77.14, EMC Corporation (NYSE: EMC), which ended the day 4.05% lower at $24.18, Ford Motor Company (NYSE: F), which ended the day 4.64% lower at $13.14, and Amazon.com Inc. (NASDAQ: AMZN), which ended the day 5.68% lower at $260.35.

On the economic front, the Conference Board’s consumer confidence index fell more than forecast in January. Meanwhile, the S&P/Case-Shiller index of home prices in 20 U.S. cities rose in the month of November.

European markets ended mostly higher earlier today, with the EURO STOXX 50 Index closing 0.17% higher. Asian markets ended on a mixed note overnight.

edliston

edliston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.