FOX Business: The Power to Prosper
All three major market averages ended the week to the upside, with the S&P 500 advancing for the sixth day in a row, as Wall Street capped a quiet trading session.
Today's Markets
The Dow Jones Industrial Average gained 42.8 points, or 0.32%, to 13208, the S&P 500 climbed 3.1 points, or 0.22%, to 1406 and the Nasdaq Composite rose 2.2 points, or 0.07%, to 3021.
For the week, the biggest gains by a wide margin could be found within the materials, energy and technology sectors and consumer staples posted the biggest losses. The Dow climbed 0.85%, the S&P rose 1.1% and the Nasdaq gained 1.8%, helped my the strong performance among tech stocks.
The struggling world economy has come sharply back into focus on Friday. Export growth in China plunged to a year-over-year rate of 1% in July from 11.3% in June. Economists were expecting a much stronger reading of 8%. Import expansion also slowed down to 4.7% from 6.3%.