Sina Technology News, February 25th at midnight Beijing Time - On Friday, the US stocks closed mostly higher. The Dow Jones Index once broke through the 13,000-point mark during trading hours. Thus, for the entire week, the US stocks ended higher. The US consumer confidence index and new home sales data were both better than expected, but the continued sharp rise in oil prices still put pressure on the stock market. Chinese concept stocks rose and fell alternately, with 51job surging 12% due to favorable financial report results, and Century互联 increasing by 10%.
As of 16:00 Eastern Time on February 24 (05:00 Beijing Time on February 25), the Dow Jones Industrial Average fell 1.67 points to close at 12,983.02, a drop of 0.01%; the NASDAQ Composite Index rose 6.77 points to close at 2,963.75, an increase of 0.23%; the S&P 500 Index increased by 2.28 points to close at 1,365.74, a rise of 0.17%.
Chinese concept stocks closed mixed on Friday. 51job surged 11.99% to $50.64 thanks to favorable financial report results, and Century互联 rose 10.11% to $12.74. Qihoo 360 has been rising for three consecutive days since it released its financial report, and today it rose again by 7.64% to $19.72 due to bullish sentiment from investment banks. Ctrip and Noah's Ark rose 4.91% and 3.49%. In addition, Shanda Games fell 6.06% to $4.34, Dangdang and Chabuo International dropped 4.96% and 4.50%, and AutoNavi Software declined 3.84%.
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