Stocks Ended Week With Losses

U.S. stocks ended mostly lower on Friday, with major indexes clocked in weekly losses, as fraught negotiations between Greece and its lenders kept investors anxious. The Dow Jones Industrial Average added 56.32points, or 0.31%, to 17,946.68, but falling 0.4% over the week. The S&P 500 was off 0.82 point, or 0.04%, to 2,101.49 and recorded a 0.4% loss over the week. The Nasdaq Composite was down 31.69 points, or 0.62%, to 5,080.50 and declined 0.7% over the week.

Netflix Inc.’s (NFLX) 12-month stock price target was raised to $885 at MKM Partners on Friday on the potential for “significant upside” over the next few years related to the company’s growth opportunity outside the U.S., according to analyst Rob Sanderson.

An oil industry consortium including Exxon Mobil Corp. and BP PLC on Friday suspended its Canadian arctic exploration program in the Beaufort Sea, citing insufficient time to begin test drilling before its lease expires in 2020.

Sirius XM Holdings Inc. (SIRI) on Friday agreed to pay $210 million to settle a case with major record labels over oldies music the company has aired.






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