This is your Market Close Wrap Up for August 8. Stocks finished mixed on the day with the S&P 500 maintaining its 1400 point mark for the second day in a row.
In economic news, the Bank of England weighed in with its quarterly inflation report, saying the U.K. expects to go back to an expansion of 1% by the end of the year. Inflation is expected to stay below its target through 2015 with interest rates currently staying at 0.5%
Oil and Gold finished mixed as well. Oil dropped on the day to $93 a barrel and Gold gained $2 to finish at $1,615 an ounce.
The biggest winner today was Dean Foods, finishing up over 40% on the day due to its positive earnings results. The biggest loser: Orbitz Worldwide. It's shares finishing down 25% following in the foot steps of Priceline who has seen lower sales from Europe.
Taking a look at where the markets closed today. The Dow finished up over seven points to 13,175. The S&P finished just under one point and the Nasdaq was down over four points.
For more market updates and analysis of the business world follow us on twitter @FNNOnline or check out our website at fnno.com
