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THE REAL MOST ACTIVE Dow Lower For The Week, But S&P 500 Higher.(MAKING MONEY)
Byline: NANCY GONDO
The Dow industrials closed 0.04% higher Friday but finished 0.3% lower for the week. The S&P 500 was flat for the day but a tad higher for the week. Small-caps fared better as the S&P 600 rose 0.2% Friday, ending the week with a 1.2% gain. Volume picked up.
Genentech gapped up 4.79 to a three-year high of 107.89 on six times usual trade after jumping 7% on Thursday. The biotech said it began shipping its Avastin metastatic colon cancer drug Thursday, the same day it won FDA approval to use the drug as first treatment.
Tsakos Energy Navigation rose 1.05 to 31.10 on triple normal volume. The Greek provider of tanker transport services said it's booked 95% of first-quarter operating days for its fleet. The Transportation-Ship group was one of the top gainers Friday among IBD's 197 industry groups. Teekay Shipbuilding, also in the group, leapt 3.67 to a ...
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