It was an interesting week for the Dow Jones Industrial Average
But it wasn't all bad news on the week, as some upbeat reports about the state of the U.S. economy helped overshadow problems in Europe. The Thomson Reuters/University of Michigan's consumer sentiment index rose to 79.3 in May from 76.4 in April, showing that consumers are the most confident they've been about the economy since October 2007. A couple of upbeat housing reports also helped push markets up this week; new home sales increased more than expected in April and housing prices improved as well.
Here's how the three major indices performed over the past five trading days:
|Dow Jones Industrial Average||+85.45 [0.69%]||12,454.83|
|S&P 500||+22.6 [1.74%]||1,317.82|
Turning to individual stocks, Home Depot
PC giant Hewlett-Packard
Outside the Dow, Facebook
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Brendan Byrnes owns no shares of any company mentioned above. The Motley Fool owns shares of Facebook. Motley Fool newsletter services have recommended buying shares of Pfizer and The Home Depot. The Motley Fool has a disclosure policy.