U.S. stocks cap off losing week with third-straight drop as rate-hike worries rattle markets

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

U.S. stocks finished lower on Friday while all three major indexes kicked off the second half of 2023 with a weekly loss. The Dow Jones Industrial Average retreated by 187.25 points, or 0.6%, to 33,735.01, falling 2% for the week:

U.S. stocks finished lower on Friday, with the S&P 500 sliding for a third-straight day while all three major indexes kicked off the second half of 2023 with a weekly loss. The S&P 500 SPX, -0.29% fell by 12.55 points, or 0.3%, to 4,399.04, bringing its weekly loss to 1.2%, its biggest since the week before last, according to preliminary closing data from FactSet. The Nasdaq Composite COMP, -0.13% shed 18.33 points, or 0.1%, to 13,660.72 while falling 0.9% on the week.

01, falling 2% for the week. Energy stocks were a notable standout on Friday, with the S&P 500 energy sector gaining more than 2% as crude-oil prices saw their biggest weekly jump in three months. Small-cap stocks also outperformed on Friday, with the Russell 2000 rising 24.67 points, or 1.3%, to 1,866.90, although it still fell 1.1% this week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines