Stocks Ended Mostly Higher, Booked Weekly Gains

U.S. stocks closed mostly higher on Friday, as energy shares staged a modest rebound after a recent selloff, while technology stocks extended their advance. The Dow Jones Industrial Average was down 2.53 points, or 0.01%, to 21,394.76.. The blue-chip index ended the week roughly where it started. The S&P rose 3.80 points, or 0.16%, to 2,438.30, and was up 0.2% over the week. The Nasdaq Composite rose 28.56 points, or 0.46%, to 6,265.25 and booking a 1.9% gain over the week.

Oil prices ended higher on Friday, but suffered a weekly loss for the fifth time in a row—the longest run of weekly declines since 2015. August West Texas Intermediate crude advanced 27 cents, or 0.6%, to settle at $43.01 a barrel. For the week, WTI oil’s August contract ended roughly 4.4% lower. Brent crude for August delivery added 32 cents, or 0.7%, for the session to $45.54 a barrel. It fell 3.9% for the week.

BlackBerry Ltd (BB.TO) (BBRY.O) posted quarterly revenue that missed analysts’ forecasts due to an unexpected sales decline. The company reported revenue on adjusted basis of $244 million for the quarter ended May 31, missing analysts’ estimates of $264.5 million.

Sears Holdings (SHLD) is closing another 20 locations on top of recently announced shutterings, bringing to total store closures to 260 this year for the struggling retailer which is trying unsuccessfully to stanch years of sales declines.