Dow up 102 points; CoBiz up 11.4%, Chipotle up 9.3%
Written on July 25, 2010
The Dow scored another healthy gain Friday, finishing up 102 points and scoring its highest close since June 21.
In Colorado, CoBiz Financial and Chipotle, fueled by upbeat quarterly results, led actively traded gainers.
The Dow Jones Industrial Average finished the trading day at 10,424.62, up 102.32 points (0.99 percent). The Dow ended the week up nearly 327 points from last Friday’s close
The S&P 500 closed at 1,102.66, up 8.99 points (0.82 percent).
The NASDAQ Composite finished at 2,269.47, up 23.58 points ($1.05 percent).
Among actively traded Colorado stocks, CoBiz Financial Inc. (COBZ) led the day’s gainers percentagewise, up 11 installment payday loans.41 percent (63 cents) to close at $6.15. Denver-based CoBiz, parent of Colorado Business Bank, reported Thursday that it had sharply narrowed its second-quarter losses from the previous year.
Other Colorado gainers:
• Chipotle Mexican Grill Inc. (CMG) — Up 9.27 percent ($12.34) to $145.50. The Denver-based restaurant chain said pre-market Friday that its second-quarter profit rose 31 percent.
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