Stocks Ended Lower Friday, but Posted Weekly Gains
- Friday, April 13, 2018, 16:22
- Stock Market
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U.S. stocks ended lower on Friday, but posted weekly gains, as results from big banks failed to provide enthusiasm and fear of broader conflict in Syria further unnerved investors. The Dow Jones Industrial Average fell 122.91 points, or 0.50%, to 24,360.14. The S&P 500 lost 7.69 points, or 0.29%, to 2,656.30. The Nasdaq Composite dropped 33.60 points, or 0.47%, to 7,106.65. For the week, The Dow added 1.8%, the S&P 500 rose 2% and the Nasdaq gained 2.8%.
Crude-oil prices rose for a fifth straight session on Friday, driven by fears of a U.S.-led military conflict in Syria. May West Texas Intermediate crude tacked on 32 cents, or 0.5%, to settle at $67.39 a barrel. June Brent added 56 cents, or 0.8%, to $72.58 a barrel.
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