Dow snaps 3-session skid to end higher for the week, but stock market loses steam to finish turbulent stretch

The Dow Jones Industrial Average closed out the week and the day in positive territory, snapping a three-session skid but the broader market ended flat to lower as investors grew skittish about buying equities heading into the weekend.

On Friday, data showing better-than-expected retail sales in September, along with an improvement in consumer sentiment, relieved some fears about a slow economic recovery; but the fight over a fresh round of stimulus and worries about the trajectory of the deadly disease limited buying sentiment. The Dow Jones Industrial Average DJIA, +0.39% closed up 112 points, or 0.4%, at 28,606, and posted a weekly gain of just under 0.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks fall for a third straight day amid stimulus uncertainty, Dow drops 250 pointsU.S. stocks fell on Thursday, on pace for a third day of losses, as the outlook for a coronavirus stimulus deal remained uncertain. It’s actually a CEO thing on how stocks perform. Presidents can change tax laws that affect companies but they can’t make internal decisions. Lame question Guy is naive if he thinks they are both the same. Does a biotech industry exist in Cuba? Trump will be better for everything. Red wave coming!
Source: CNBC - 🏆 12. / 72 Read more »

Stocks close lower for a second day amid coronavirus aid uncertainty, Dow drops more than 160 pointsStocks fell after comments from Steven Mnuchin dampened expectations of a coronavirus stimulus deal being reached before the election.
Source: CNBC - 🏆 12. / 72 Read more »