August 23, 2013 at 18:47 PM EDT
Stocks Post Moderate Gains; Nasdaq 1% Off New High
Stock indexes kept to a tight trading range Friday, while posting moderate gains. The Nasdaq trotted 0.5% higher, while the S&P 500 and Dow Jones industrial average added 0.4% and 0.3% respectively. The IBD 50 gained 0.3%. Volume rose on both major exchanges. The Nasdaq enjoyed an easy comparison, thanks to Thursday's three-hour shutdown. The Nasdaq and S&P 500 halted their two-week losing streaks. The S&P 500 barely edged above its 50-day moving
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