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U.S. Stock Market at Close Report I CNBC

cnbc.com Dow opens more than 100 points higher as banks and Nike shares rise Fred Imbert, Sam Meredith 5-7 minutes Stocks jumped on Friday, the last trading day of the first half of the year, as Nike and bank shares. Equities were still headed for weekly losses, however, as the underlying market sentiment was soured by anxiety over global trade frictions. The Dow Jones Industrial Average rose 257 points, with Nike outperfor

U.S. Stock Market at Close Report - May 08, 2014: U.S. stocks decline; Nasdaq leads losses Tesla Motors drops on earnings miss

By  Anora Mahmudova , MarketWatch  NEW YORK (MarketWatch) — The U.S. stock market ended a volatile session on Thursday with modest losses, driven by renewed selloffs in previously high-flying names. Optimism following better-than-expected jobless claims and dovish comments from European Central Bank President Mario Draghi, who said the ECB stood ready to act in June, faded by midafternoon. At session highs, the Dow Jones Industrial Average jumped 100 points and topped its previous record close level. The S&P 500 turned south after getting within a hair’s breadth to its closing record. Still, the declines were not uniform, as the Dow Jones Industrial Average  DJIA   +0.20%  managed to stay in positive territory by the end of the session, closing 32.43 points, or 0.2%, higher at 16,550.97. The S&P 500  SPX   -0.14%   ended the day down 2.58 points, or 0.1%, at 1,875.63. The Nasdaq Composite   COMP   -0.40%  shed 16.18 points, or 0.4%, to 4,051.50, losing 2.1% over