Mixed for NASDAQ Stock Market

The NASDAQ stock market ended a rather mixed week and tough session on Friday, 19 September 2008. The NASDAQ closed on 2273.9 with NASDAQ computer showing an overall increase of 3.4%. The oil prices settled at five month low while the gold and prices of other commodities also declined at a very modest rate. Other markets such as DOW ended the week 0.3% lower with Microsoft being the DOW’s biggest loser. The Standard’s and Poor’s 500 (SPX) index gained 0.4% while the NASDAQ composite (COMP) also lost a few points. The federal agencies steeped in to restore the confidence of the investors following a collapse of Lehman Brother and the intervention of the government into the AIG (AIG 3.85, +1.16).