Stocks end mostly higher, capping strong week of gains

Stocks booked small gains Friday as investors prepared for the three-day Memorial Day weekend, capping a strong week for equities as investor optimism over the lifting of lockdowns and prospects for a COVID-19 vaccine provided a lift. Investor cheer was dampened somewhat by signs of renewed tensions between the U.S. and China over Hong Kong, and Beijing's handling of the pandemic earlier this year.

The Dow Jones Industrial Average DJIA, -0.03% fell around 9 points, or less than 0.1%, to finish near 24,465, according to preliminary figures, leaving the blue-chip gauge with a weekly rise of 3.3%. The S&P 500 SPX, +0.23% rose around 7 points, or 0.2%, ending near 2,955, while the Nasdaq Composite COMP, +0.42% added around 40 points, or 0.4%, closing near 9,325. The S&P 500 saw a weekly rise of 3.2%, while the Nasdaq advanced 3.4%.

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Bill to delist Chinese stocks moving at 'warp speed' as a crackdown gains bipartisan supportA bill that could force Chinese companies to give up their listings on American exchanges is now moving at 'warp speed,' Raymond James says. cool, then China can do the same to American stocks, bye bye $AAPL Apple. Can’t see this ending well lol we're actually going to see numbers that are audited lol
Source: CNBC - 🏆 12. / 72 Read more »