Stocks Closed Mostly Higher

U.S. stocks ended mostly higher on Friday, although geopolitical uncertainty limited buying appetite with major indexes near records. The Dow Jones Industrial Average fell 9.64 points, or 0.04%, to 22,349.59. The S&P 500 rose 1.62 points, or 0.06%, to 2,502.22. The Nasdaq Composite was up 4.23 points, or 0.07%, to 6,426.92. For the week, the Dow rose 0.4%, the S&P rose 0.1%, and the Nasdaq fell 0.3%.

Oil ended slightly higher on Friday, with prices extending a streak of weekly gains, as major oil producers at an OPEC-led committee meeting boasted record compliance with their production-cut agreement. November West Texas Intermediate crude added 11 cents, or 0.2%, to settle at $50.66 a barrel. For the week, the November contract gained 0.4%. November Brent crude added 43 cents, or 0.8%, to $56.86 a barrel. The contract gained about 2.2% for the week.

About the Author

has written 15964 stories on this site.

Write a Comment

Gravatars are small images that can show your personality. You can get your gravatar for free today!

You must be logged in to post a comment.

Copyright © 2012 Nine Stocks