The Agony and the Ecstasy

The Dow Jones Industrial Average ended down last week as investors sent stocks trailing after an unexpectedly dismal jobs report. Trading of marketing-services companies’ stocks was mixed, despite generally positive news on account wins and management changes. On the Big Board, Omnicom gained 0.9 percent to close at $71.95; IPG ended the week where it began, at $13.01; and British holding company WPP, trading as American Depository Receipts on the Nasdaq, fell 0.5 percent to $39.77. Sales of inventory for the 2004 Super Bowl were reported at 14 percent pricing increases, noted CIBC analyst David Doft, who called the news a “positive data point” for the market.