Here's what happened to the stock market on Friday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Stocks teetered along the flatline for most of the day as Wall Street posted a weekly gain.

closed 0.2% higher at 9,731.18. Stocks teetered along the flatline for most of the day, but Wall Street posted a weekly gain.The major averages posted a second straight weekly gain even as the number of reported coronavirus cases jumped this week. The S&P 500 and Nasdaq rose 1.5% and 2.2%, respectively, for the week while the Dow climbed around 1%.

More than 64,000 coronavirus cases have been confirmed, with deaths totaling at least 1,380. Earnings have been a bright spot for investors this week, however, with companies such as Nvidia and Expedia posting better-than-expected results. As the reporting period winds down, investors will turn their attention to the economic data for clues on how the coronavirus is impacting the global economy.

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:

 /  🏆 12. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

5 things to know before the stock market opens FridayU.S. stock futures were modestly higher Friday. Wall Street's ever-changing level of concern over the coronavirus swung the market lower Thursday.
Source: CNBC - 🏆 12. / 72 Read more »