U.S. stocks finished mostly lower on Friday, with only the Dow logging a fifth-straight daily gain, as an early advance by the S&P 500 and Nasdaq Composite faded in afternoon trade. But all three benchmarks powered higher this week, with the S&P 500 logging its best such gains since June. The S&P 500 SPX, -0.10% shed 4.36 points, or 0.
1%, to 4,506.66 on Friday, according to preliminary closing data from FactSet. It rose 2.3% for the week. The Nasdaq Composite COMP, -0.18% fell 24.87 points, or 0.2%, to 14,113.70 on Friday, but gained 3.3% on the week. The Dow Jones Industrial Average DJIA, +0.33% rose 114.75 points, or 0.3%, to 34,509.69, bringing its weekly gain to 2.3%.
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock Market Outlook: S&P 500 headed for new record as inflation crumblesStocks are headed to new records as inflation is crumbling and Fed can breathe easier, Fundstrat's Tom Lee says
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: FXStreetNews - 🏆 14. / 72 Read more »
Source: WSJ - 🏆 98. / 63 Read more »