Stocks Ended Slightly Higher Friday; Weekly Lower

U.S. stocks closed with modest gains on Friday, but the S&P 500 and Dow Jones finished the week marginally lower. Dow Jones Industrial Average ticked up 5.71 points, or 0.03%, to 16,851.84, but the weekly loss was 0.6%. The S&P 500 was up 3.74 points, or 0.19%, to 1,961.01, but was 0.1% lower for the week. The Nasdaq Composite gained 18.88 points, or 0.43%, to 4,397.93 and gained 0.7% over the past week.

Strong job growth lifted U.S. consumer confidence this month, as Americans looked past the economy’s dismal first quarter performance. The University of Michigan said Friday that its index of consumer sentiment rose slightly to 82.5 in June from 81.9 in May.

The U.S. Food and Drug Administration today approved Afrezza (insulin human) Inhalation Powder, a rapid-acting inhaled insulin to improve glycemic control in adults with diabetes mellitus.