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S&P 500 ends higher, led by defensive shares

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Reuters NEW YORK

NEW YORK (Reuters) - The S&P 500 ended slightly higher on Friday, led by gains in defensive names after a weaker-than-expected payrolls report raised new questions about both the strength of the economy and the aggressiveness of the Federal Reserve's stimulus.

Based on the latest available data, the Dow Jones industrial average <.DJI> fell 7.71 points or 0.05 percent, to end unofficially at 16,437.05. The S&P 500 <.SPX> gained 4.24 points or 0.23 percent, to close unofficially at 1,842.37. The Nasdaq Composite <.IXIC> added 18.471 points or 0.44 percent, to close unofficially at 4,174.665.

(Reporting by Caroline Valetkevitch; Editing by Jan Paschal)

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First Published: Jan 11 2014 | 2:42 AM IST

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