Weekly Market Update for February 8th-12th

It was another roller-coaster week for U.S. stocks, only this time the major indexes ended with weekly gains. The rise over five trading days ended a five-week losing streak for the Dow Jones Industrial Average and kept the blue chip index above 10,000.

More worries about Greece's high debt, and a nagging sense that Spain, Portugal, Ireland and even Italy may not be that much better off, hurt investor sentiment during the week.

On Friday, China tightened deposit ratios and spooked most stock markets, though some gains among technology shares helped keep U.S. indexes in positive territory for the week.

The Dow (.DJI) fell 45.05 points or 0.4% to close at 10,099.14 on Friday. For the week the index rose 0.9%. The Nasdaq Composite Index (.COMP) rose 6.12 points or 0.3% on the day to close at 2,183.53 and notched a 2% gain for the week. The benchmark Standard & Poor's 500 Index (.SPX) lost 2.96 points or 0.3% to close at 1,075.51 on Friday. For the week the index rose 0.9%.

by Marketwatch