The Dow, S&P and NASDAQ end a mostly flat week slightly positive. - CNBC By The Numbers

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Apr.25

4:27 PM ET

Friday, 25 Apr 2008

The Dow, S&P and NASDAQ end a mostly flat week slightly positive.

Posted By:Gina Francolla | Marc Briganti

Topics:Commodities | Dow Jones Industrial Average | Nasdaq | Stock Market

Sectors:Oil and Gas

Companies:Apple Inc | Sprint Nextel Corp

Earnings and commodities ruled the week. The NASDAQ led the major US indexes in gains up almost 1% for the week. Apple [AAPL Loading... () ] had the most positive impact on the NASDAQ 100 [NDX Loading... () ], responsible for almost 7 points of its weekly gain on its earnings news and over $1B in profits.
-The S&P 500 [&SPX Loading... () ] closed above 1,395 breaking through the February highs and a major resistance level .

The S&P 500 sectors were mixed this week with 6 out of 10 sectors gaining for the week led by Telecom, up almost 4% for the week with Sprint Nextel [S Loading... () ] in the lead gaining almost 19% this week.
-In last week's report we noted that Sprint was the worst performing company in Telecom year-to-date, which is still the case, but the company has moved up off of its lows.
-Year-to-date, the top performing sectors continue to be Materials and Energy.

Commodities are all about oil this week with crude hitting a new record close of $119.37 per barrel and a new intraday high $119.90 on April 22nd.
-Oil surged again on Friday, touching $119.55 before reversing, on continued disruptions in Nigeria and the UK as well as the news of the U.S. military firing warning shots at boats in the Gulf.

The US Dollar gains against most major currencies on negative economic news in the Eurozone and expectations that the ECB would cut rates and that the Fed might signal a pause.